GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
Notification No.77/2016 - Customs (N.T.)
New Delhi, dated the 19
th
May, 2016
29 Vaisakha, 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.64/2016 -CUSTOMS (N.T.), dated 05
th
May, 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 20
th
May,
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
49.35 47.60
2. Bahrain Dinar
184.50 172.20
3. Canadian Dollar
52.25 50.65
4. Danish Kroner
10.35 9.95
5. EURO
76.70 74.15
6. Hong Kong Dollar
8.75 8.55
7. Kuwait Dinar
230.15 215.35
8. New Zealand Dollar
46.10 44.45
9. Norwegian Kroner
8.20 7.90
10. Pound Sterling
99.50 96.35
11. Singapore Dollar
49.40 47.90
12. South African Rand
4.35 4.10
13. Saudi Arabian Riyal
18.50 17.35
14. Swedish Kroner
8.20 7.90
15. Swiss Franc
69.25 66.85
16. UAE Dirham
18.90 17.70
17. US Dollar
68.05 66.35
18.
Chinese Yuan
10.45 10.10
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
62.10 60.10
2. Kenya Shilling
68.75 64.30
[F.No.468/01/2016-Cus.V]
(Satyajit Mohanty)
Director (ICD)
TELE: 011-23093380