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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 127/2016 - Customs (N.T.)

New Delhi, dated the 20 October, 2016
28 Asvina, 1938 (SAKA)
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.124/2016-CUSTOMS (N.T.), dated 06
th
October, 2016, except
as respects things done or omitted 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 21
st
October, 2016, 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
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
52.20 50.40
2. Bahrain Dinar
183.20 170.95
3. Canadian Dollar
51.60 50.00
4. Danish Kroner
10.05 9.65
5. EURO
74.50 72.00
6. Hong Kong Dollar
8.70 8.50
7. Kuwait Dinar
227.90 213.25

8. New Zealand Dollar
49.35 47.45
9. Norwegian Kroner
8.35 8.05
10. Pound Sterling
83.45 80.70
11. Singapore Dollar
48.90 47.30
12. South African Rand
5.00 4.65
13. Saudi Arabian Riyal
18.40 17.20
14. Swedish Kroner
7.70 7.40
15. Swiss Franc
68.60 66.40
16. UAE Dirham
18.75 17.60
17. US Dollar
67.55 65.90
18.

Chinese Yuan
10.05 9.75


SCHEDULE-II

Sl.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 65.55

63.35
2. Kenya Shilling 68.05 63.65

[F.No. 468/01/2016-Cus.V]

(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541
notifications no 127 2016 cus nt | iKargos