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CUS NTF NO. 49/2017 (NT) DATE 18/05/2017

Rate of exchange of conversion of the foreign currency with effect from 19th May, 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.43/2017-CUSTOMS (N.T.), dated 4th May, 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 19th May, 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 48.95 47.20
2. Bahrain Dinar177.05 165.05
3. Canadian Dollar48.10 46.60
4. Chinese Yuan 9.50 9.20
5. Danish Kroner9.85 9.45
6. EURO 73.10 70.60
7. Hong Kong Dollar8.40 8.15
8. Kuwait Dinar 219.25 204.95
9. New Zealand Dollar45.55 43.75
10. Norwegian Kroner 7.80 7.50
11. Pound Sterling 85.05 82.20
12. Qatari Riyal 18.10 17.10
13. Saudi Arabian Riyal 17.75 16.60
14. Singapore Dollar 47.05 45.60
15. South African Rand 5.00 4.70
16. Swedish Kroner 7.50 7.25
17. Swiss Franc 66.95 64.75
18. UAE Dirham 18.15 16.95
19. US Dollar 65.30 63.60

SCHEDULE-II

Sl.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 Yen 59.05 57.05
2. Kenya Shilling 64.50 60.25

[F.No. 468/01/2017-Cus.V]

(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541


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