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[Customs] Exchange Rate Notification w.e.f. 16th June, 2017

CBEC has notified the rate of exchange of one unit of foreign currency equivalent to Indian rupees relating to imported and export goods, in its notification no. 53/2017 - Customs (N.T.) dated 15th June, 2017 (w.e.f. 16th June, 2017). The contents of the said notification is as follows:

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.52/2017-CUSTOMS (N.T.), dated 1st June, 2017, 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 16th June, 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

49.85

48.10

2.

Bahrain Dinar

176.60

164.65

3.

Canadian Dollar

49.35

47.75

4.

Chinese Yuan

9.65
9.30
5.

Danish Kroner
9.90
9.50
6.

EURO
73.45
70.95
7.

Hong Kong Dollar
8.35
8.15
8.

Kuwait Dinar
219.25
204.95
9.

New Zealand Dollar
47.25
45.55
10.

Norwegian Kroner
7.75
7.50
11.

Pound Sterling
83.40
80.60
12.

Qatari Riyal
18.10
17.05
13.

Saudi Arabian Riyal
17.75

16.60
14.

Singapore Dollar
47.50
45.90
15.

South African Rand
5.25
4.90
16.

Swedish Kroner
7.50
7.25
17.

Swiss Franc
67.35
65.10
18.

UAE Dirham
18.10
16.95
19.

US Dollar
65.15
63.50

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

59.75

57.70

2.

Kenya Shilling

64.35

60.15







Extra Notes for Readers


Previous customs exchange rate notifications for ready reference:

  • w.e.f. 2nd June, 2017 - link
  • w.e.f. 19th May, 2017 - link

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