In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs (CBEC) hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 95/2013-CUSTOMS (N.T.) dated the 5th September, 2013 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S.O.2676 (E) dated, the 5th September, 2013, namely:-

In SCHEDULE-I of the said Notification, for Serial No.2,6,7,8,14,17 and 18 and the entries relating thereto, the following shall be substituted, namely:-

SCHEDULE-I 

 

Exchange rate notification sets customs import and export rupee equivalents for specified foreign currencies under the Customs Act. An amendment under Section 14 of the Customs Act substitutes specified entries in Schedule I of Notification No.95/2013 CUSTOMS (N.T.), fixing rupee equivalents for designated foreign currencies for import and export purposes. The substituted Schedule lists Bahrain Dinar, Hong Kong Dollar, Kenya Shilling, Kuwait Dinar, Saudi Arabian Riyal, UAE Dirham and US Dollar with separate rates to be applied for imported goods and for exported goods.