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THE CUSTOMS TARIFF ACT 1975 (Notification)
2014

Notification No.75/2014-Customs (N.T.), F.No.468/01/2014-Cus.V, DATED 4th September, 2014

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.72/2014-CUSTOMS (N.T.), dated the 21st August, 2014 vide number S.O. 2107 (E), dated the 21st August, 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 5th September, 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.

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 57.35 55.80
2. Bahrain Dinar 165.15 156.05
3. Canadian Dollar 56.25 54.80
4. Danish Kroner 10.85 10.50
5. EURO 80.55 78.60
6. Hong Kong Dollar 7.90 7.75
7. Kuwait Dinar 218.65 206.30
8. New Zealand Dollar 51.10 49.65
9. Norwegian Kroner 9.90 9.60
10. Pound Sterling 100.80 98.55
11. Singapore Dollar 48.90 47.80
12. South African Rand 5.85 5.50
13. Saudi Arabian Riyal 16.60 15.70
14. Swedish Kroner 8.75 8.50
15. Swiss Franc 66.85 65.05
16. UAE Dirham 16.95 16.00
17. US Dollar 61.00 60.00

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 58.45 57.00
2. Kenya Shilling 70.25 66.30

(SATYAJIT MOHANTY)

DIRECTOR (ICD)