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Notification No. 05/2017-Customs (N.T)

New Delhi, dated the 19th January, 2017
29 Pausha, 1938 (SAKA)

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Sub: Rate of exchange of conversion of the foreign currency with effect from 20th January, 2017

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.1/2017-CUSTOMS (N.T.), dated 05th January, 2017, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 20th January, 2017, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

SCHEDULE-I

Sl.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to
Indian rupees
(1) (2) (3)
    (a) (b)


(For Imported Goods) (For Export Goods)
1. Australian Dollar
52.35 50.40
2. Bahrain Dinar 187.35 174.90
3. Canadian Dollar
52.25 50.70
4. Danish Kroner
9.95 9.60
5. EURO 73.75 71.45
6. Hong Kong Dollar 8.90 8.70
7. Kuwait Dinar
230.85 216.20
8. New Zealand Dollar
49.55 47.85
9. Norwegian Kroner 8.20 7.90
10. Pound Sterling 85.15 82.40
11. Singapore Dollar
48.55 47.05
12. South African Rand 5.20 4.85
13. Saudi Arabian Riyal 18.80 17.60
14. Swedish Kroner 7.75 7.50
15. Swiss Franc 68.90 66.55
16. UAE Dirham 19.20 18.00
17. US Dollar 69.10 67.40
18. Chinese Yuan
10.10 9.80
19. Qatari Riyal
19.20 18.15

SCHEDULE-II

Sl.No. Foreign Currency Rate of exchange of 100 units of foreign
currency equivalent to Indian rupees
(1) (2) (3)
    (a) (b)


(For Imported Goods) (For Export Goods)
1. Japanese Yen 60.55 58.60
2. Kenya Shilling 67.90 63.55

[F.No. 468/01/2017-Cus.V]

(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541

 

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