THE CUSTOMS TARIFF ACT 1975 (Notification)
2014

Notification No 98/2014-Customs (N.T.), F.No.468/01/2014-Cus.V, DATED 16th October, 2014

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 Government of India in the Ministry of Finance (Department of Revenue) No.96/2014-CUSTOMS (N.T.), dated the 1st October, 2014 vide number S.O. 2574 (E), dated the 1st October, 2014, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 17th October, 2014 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

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	54.75	53.45
2.	Bahrain Dinar	167.95	158.80
3.	Canadian Dollar	55.30	54.05
4.	Danish Kroner	10.75	10.45
5.	EURO	79.90	78.00
6.	Hong Kong Dollar	8.00	7.85
7.	Kuwait Dinar	220.00	207.55
8.	New Zealand Dollar	49.80	48.40
9.	Norwegian Kroner	9.55	9.25
10.	Pound Sterling	99.45	97.25
11.	Singapore Dollar	48.95	47.90
12.	South African Rand	5.70	5.40
13.	Saudi Arabian Riyal	16.90	15.95
14.	Swedish Kroner	8.70	8.45
15.	Swiss Franc	66.20	64.60
16.	UAE Dirham	17.25	16.30
17.	US Dollar	62.05	61.05

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	58.70	57.30
2.	Kenya Shilling	71.25	67.05

(SATYAJIT MOHANTY)

DIRECTOR (ICD)