GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
Notification No.96/2016 - Customs (N.T.)
New Delhi, dated the 06
th
July, 2016
15 Ashadha, 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.87/2016-CUSTOMS (N.T.), dated 16
th
June, 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 07
th
July, 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
51.50 49.75
2. Bahrain Dinar
185.00 172.65
3. Canadian Dollar
53.10 51.45
4. Danish Kroner
10.25 09.90
5. EURO
76.25 73.70
6. Hong Kong Dollar
8.80 8.55
7. Kuwait Dinar
230.55 215.75
8. New Zealand Dollar
49.45 47.75
9. Norwegian Kroner
8.25 7.95
10. Pound Sterling
91.40 87.15
11. Singapore Dollar
50.80 49.20
12. South African Rand
4.75 4.45
13. Saudi Arabian Riyal 18.55 17.40
14. Swedish Kroner
8.15 7.85
15. Swiss Franc
70.50 68.25
16. UAE Dirham
18.95 17.75
17. US Dollar
68.20 66.55
18.
Chinese Yuan
10.25 09.95
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
67.05
64.85
2. Kenya Shilling
68.90 64.40
[F.No468/01/2016-Cus.V]
(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541