TaxTMI 
TaxTMI 
Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified
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....xchange Rate of Foreign Currency Relating To Imported and Export Goods Notified <br>News and Press Release<br>Dated:- 2-3-2017<br><BR>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 Central Board of Excise and Customs No.12/2017-CUSTOMS (N.T.), dated 16th February, 2017, except as respects things done or omitte....
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....d to be done before such supersession, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 3rd March, 2017, be the rate mentioned against it in the corresponding entry in column (3) ....
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....thereof, for the purpose of the said section, relating to imported and export goods. SCHEDULE-I Sl.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 52.10 50.30 2. Bahrain Dinar 183.50 171.25 3. Canadian Dollar 50.90 49.25 4. Danish Kroner 9.65 ....
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.... 9.30 5. EURO 71.55 69.10 6. Hong Kong Dollar 8.70 8.50 7. Kuwait Dinar 226.05 211.65 8. New Zealand Dollar 48.55 46.85 9. Norwegian Kroner 8.05 7.80 10. Pound Sterling 83.40 80.65 11. Singapore Dollar 48.10 46.65 12. South African Rand 5.30 4.95 13. Saudi Arabian Riyal 18.40 17.25 14. Swedish Kroner 7.50 7.25 15. Swiss Franc 67.35 65.00 16. UAE Dirham....
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.... 18.80 17.60 17. US Dollar 67.65 66.00 18. Chinese Yuan 9.85 9.55 19. Qatari Riyal 18.90 17.85 SCHEDULE-II 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 59.65 57.65 2. Kenya Shilling 67.25 62.90<BR> News - Press release - PIB....