image

Rate of exchange of conversion of the foreign currency with effect from 2nd October, 2015

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 97/2015 – Customs (N.T.)

Dated the 1st October, 2015 

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Central Board of Excise & Customs No.93/2015-CUSTOMS (N.T.), dated 17th September, 2015, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & 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 2nd October, 2015, 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 46.95 45.60
2. Bahrain Dinar 179.30           168.90
3. Canadian Dollar 49.90 48.80
4. Danish Kroner 9.95 9.70
5. EURO 74.10 72.30
6. Hong Kong Dollar 8.55 8.40
7. Kuwait Dinar 223.40 211.15
8. New Zealand Dollar 42.65 41.50
9. Norwegian Kroner 7.80 7.60
10. Pound Sterling 100.40 98.15
11. Singapore Dollar 46.50 45.55
12. South African Rand 4.90 4.60
13. Saudi Arabian Riyal 18.00 17.00
14. Swedish Kroner 7.95 7.75
15. Swiss Franc 68.00 66.45
16. UAE Dirham 18.40 17.40
17. US Dollar 66.15 65.10

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 55.25 54.00
2. Kenya Shilling 64.55 60.90

[F.No468/01/2015-Cus.V]

(Kshitendra Verma)

Under Secretary to the Govt. of India

TELE: 011-2309 5541

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Leave a Reply

Your email address will not be published. Required fields are marked *

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Recent Articles

Recent Legal updates

Recent Gst Updates