Welcome to Amit Kumar Gupta Advocate

Ask a Query


Client Login

 Rate of exchange of conversion of each of the foreign currency with effect from 2nd October, 2014

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]
 
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
 
Notification No. 96/2014-Customs (N.T.)
 

DATED THE 1st October, 2014
9 Asvina, 1936(SAKA)

 
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.87/2014-CUSTOMS (N.T.), dated the 18th September, 2014 vide number S.O. 2439 (E), dated the 18th September, 2014, 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 2nd October, 2014 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 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 54.35 52.90
2. Bahrain Dinar 168.65 159.45
3. Canadian Dollar                55.75 54.50
4. Danish Kroner 10.65 10.30
5. EURO 79.00 77.10
6. Hong Kong Dollar 8.05 7.90
7. Kuwait Dinar 220.65 208.10
8. New Zealand Dollar 48.75 47.35
9. Norwegian Kroner 9.75 9.45
10. Pound Sterling 101.25 99.00
11. Singapore Dollar 48.95 47.90
12. South African Rand 5.60 5.30
13. Saudi Arabian Riyal 16.95 16.00
14. Swedish Kroner 8.70 8.45
15. Swiss Franc 65.40 63.85
16. UAE Dirham 17.30 16.35
17. US Dollar 62.30 61.30
         
 

 

SCHEDULE-II

S.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 56.90 55.55
2. Kenya Shilling 71.35 67.25
         
 

 
 

[F.No.468/01/2014-Cus.V]
 
 
(SATYAJIT MOHANTY)
DIRECTOR (ICD)
TELE: 2309 3380

Amit R Gupta

Our Services

Insurance Services

We offer comprehensive Insurance Services systems maintained by trained accounting.

Legal Services

 We offer comprehensive Legal Services systems maintained by trained accounting pr.

Investment Services

We offer comprehensive Investment Services  systems maintained by trained accoun.

Finance Services

 We offer comprehensive Finance Services systems maintained by trained accounting .

Due Diligence and Advisory Ser

We offer comprehensive Due Diligence and Advisory Services systems maintained by traine.

Corporate Services

We offer comprehensive Corporate Services systems maintained by trained accounting.

AMITRGUPTA

What We Do

Tax Consulting

We offer comprehensive Tax Consulting  systems maintained by trained accounting professionals. This local service coul...

READ MORE

Due Diligence

Investors, bankers and acquirers rely on Due Diligence as a standard of care during Mergers and ...

READ MORE

Taxation Services

We offer comprehensive Taxation Services systems maintained by trained accounting professionals. This local service could be...

READ MORE