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[Customs] Exchange Rate Notification w.e.f. 6th January, 2017

Central Board of Excise and Customs(CBEC) Notification No. 1/2017 - Customs (N.T.) dated 5th January, 2017

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.147/2016-CUSTOMS (N.T.), dated 15th December, 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 06th January, 2017, 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
50.40
48.65
2.
Bahrain Dinar
186.65
174.20
3.
Canadian Dollar
51.95
50.40
4.
Danish Kroner
9.80
9.45
5.
EURO
72.80
70.30
6.
Hong Kong Dollar
8.90
8.65
7.
Kuwait Dinar
229.75
215.10
8.
New Zealand Dollar
48.35
46.65
9.
Norwegian Kroner
8.05
7.80
10.
Pound Sterling
85.15
82.40
11.
Singapore Dollar
48.05
46.55
12.
South African Rand
5.15
4.85
13.
Saudi Arabian Riyal
18.70
17.55
14.
Swedish Kroner
7.60
7.35
15.
Swiss Franc
67.80
65.65
16.
UAE Dirham
19.10
17.90
17.
US Dollar
68.80
67.75
18.
Chinese Yuan
9.95
9.65
19.
Qatari Riyal
19.30
18.25

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
59.35
57.45
2.
Kenya Shilling
67.90
63.50



Extra Notes for Readers:

1) Previous Customs Exchange Rate Notifications:
  • w.e.f. 16th Dec. 2016 - link
  • w.e.f. 02nd Dec. 2016 - link
  • w.e.f. 30th Nov. 2016 - link
  • w.e.f. 18th Nov. 2016 - link

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