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THE CUSTOMS TARIFF ACT 1975 (Notification)
2014

Notification No. 96/2014-Customs (N.T.), F.No.468/01/2014-Cus.V, DATED 1st 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.87/2014-CUSTOMS (N.T.), dated the 18th September, 2014 vide number S.O. 2439 (E), dated the 18th September, 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 2nd 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 54.35 52.90
2. Bahrain Dinar 168.65 159.45
3. Canadian Dollar 55.75 54.50
4. Danish Kroner 10.65 10.30
5. EURO 79.00 77.10
6. Hong Kong Dollar 8.05 7.90
7. Kuwait Dinar 220.65 208.10
8. New Zealand Dollar 48.75 47.35
9. Norwegian Kroner 9.75 9.45
10. Pound Sterling 101.25 99.00
11. Singapore Dollar 48.95 47.90
12. South African Rand 5.60 5.30
13. Saudi Arabian Riyal 16.95 16.00
14. Swedish Kroner 8.70 8.45
15. Swiss Franc 65.40 63.85
16. UAE Dirham 17.30 16.35
17. US Dollar 62.30 61.30

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 56.90 55.55
2. Kenya Shilling 71.35 67.25

(SATYAJIT MOHANTY)

DIRECTOR (ICD)