In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.13/2014-CUSTOMS (N.T.), dated the 20th February, 2014 vide number S.O.496 (E), dated the 20th February, 2014, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs(CBEC) hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each ofSchedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 7th March, 2014be 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

 

S.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

56.10

54.75

2.

Bahrain Dinar

167.85

158.65

3.

Canadian Dollar

56.35

55.10

4.

Danish Kroner

11.50

11.15

5.

EURO

85.40

83.45

6.

Hong Kong Dollar

8.00

7.85

7.

Kuwait Dinar

224.80

212.35

8.

New Zealand Dollar

52.55

51.10

9.

Norwegian Kroner

10.40

10.10

10.

Pound Sterling

103.85

101.75

11.

Singapore Dollar

49.10

47.95

12.

South African Rand

5.95

5.55

13.

Saudi Arabian Riyal

16.85

15.95

14.

Swedish Kroner

9.70

9.40

15.

Swiss Franc

70.05

68.35

16.

UAE Dirham

17.25

16.30

17.

US Dollar

62.00

61.00

SCHEDULE-II

S.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

60.65

59.20

2.

Kenya Shilling

73.15

69.00