Friday, 8 May 2015

Rate of exchange of conversion of foreign currency wef 8th May, 2015

Notification No. 44/2015-Customs (N.T.)
Dated the 07th May, 2015
S.O.       (E). – 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 Government of India in the Ministry of Finance (Department of Revenue) No.38/2015-CUSTOMS (N.T.), dated the 16th April, 2015 vide number S.O.1028 (E), dated the 16th April, 2015, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 8th May, 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
S.No.Foreign CurrencyRate 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 Dollar51.6050.30
2.Bahrain Dinar174.10164.60
3.Canadian Dollar53.6052.40
4.Danish Kroner9.859.55
5.EURO73.3571.55
6.Hong Kong Dollar8.308.15
7.Kuwait Dinar217.60205.65
8.New Zealand Dollar48.5547.30
9.Norwegian Kroner8.708.45
10.Pound Sterling98.4096.20
11.Singapore Dollar48.6547.50
12.South African Rand5.455.15
13.Saudi Arabian Riyal17.5016.55
14.Swedish Kroner7.857.65
15.Swiss Franc70.5068.80
16.UAE Dirham17.8516.90
17.US Dollar64.3563.30
 SCHEDULE-II
S.No.Foreign CurrencyRate 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 Yen54.0052.80
2.Kenya Shilling69.1065.10
 [F.No.468/01/2015-Cus.V]
(SATYAJIT MOHANTY)
DIRECTOR (ICD)
TEL.NO.011- 2309 3380011- 2309 3380
 

No comments:

Can GST Under RCM Not Charged and Paid from FY 2017-18 to October 2024 be Settled in FY 2024-25?

 In a recent and significant update to GST regulations, registered persons in India can now clear unpaid Reverse Charge Mechanism (RCM) liab...