Date: 2014-11-20Category: Extra OrdinaryState: Union GovernmentCountry: India
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 21st November, 2014.
Executive Summary:
This notification from the Central Board of Excise and Customs, Ministry of Finance, establishes the rate of exchange for converting foreign currencies into Indian Rupees and vice versa for imported and exported goods. It is effective from November 21, 2014, and supersedes a previous notification (No. 101/2014-Customs N.T., dated November 5, 2014). The rates are specified in Schedule I and Schedule II.
Key Points / Main Content:
* **Authority:** Issued by the Central Board of Excise and Customs, under Section 14 of the Customs Act, 1962.
* **Effective Date:** November 21, 2014.
* **Supersession:** This notification supersedes Notification No. 101/2014-Customs N.T., dated November 5, 2014, except for actions already completed.
* **Currency Exchange Rates:**
* Schedule I lists the exchange rates for one unit of specified foreign currencies.
* Schedule II lists the exchange rates for 100 units of specified foreign currencies.
* Separate rates are provided for imported goods and export goods.
Impact Analysis:
Stakeholders: Importers and Exporters
* Impact: Determines the applicable exchange rates for calculating customs duties and other related financial transactions.
* Action Required: Use the exchange rates specified in Schedule I and Schedule II of this notification for transactions involving the mentioned foreign currencies from November 21, 2014.
Stakeholders: Customs Officials
* Impact: Required to use the specified exchange rates for assessing duties on imported and exported goods.
* Action Required: Implement the new exchange rates from November 21, 2014, and ensure compliance with the notification.
Key Entities Referenced
New Delhi: The city where the notification was issued.
Customs Act, 1962: The legal act providing the power for the notification.
Central Board of Excise and Customs: The organization that determines the rate of exchange of currency.
Ministry of Finance: The ministry under which the Department of Revenue operates.
Department of Revenue: The department within the Ministry of Finance responsible for revenue matters.
Australian Dollar: A foreign currency listed in Schedule I.
Indian rupees: The currency into which foreign currencies are converted.
Japanese Yen: A foreign currency listed in Schedule II.
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No. 2363] NEW DELHI, THURSDAY, NOVEMBER 20, 2014/KARTIKA 29, 1936
ििििवववव(cid:3)(cid:3)(cid:3)(cid:3) मममम(cid:7)(cid:7)ंं(cid:7)(cid:7)ंं ााााललललयययय
((((ररररााााजजजज(cid:4)(cid:4)(cid:4)(cid:4)वववव ििििववववभभभभाााागगगग))))
((((कककक(cid:11)(cid:11)(cid:11)(cid:11)(cid:12)(cid:12)(cid:12)(cid:12)ीीीीयययय उउउउ(cid:16)(cid:16)(cid:16)(cid:16)पपपपाााादददद शशशश(cid:21)(cid:21)ुु(cid:21)(cid:21)ुु कककक एएएएंंववंंवव ससससीीीीममममाााा शशशश(cid:21)(cid:21)ुु(cid:21)(cid:21)ुु कककक बबबबोोोोडडडड(cid:29))(cid:29))(cid:29))(cid:29))
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:4)द(cid:6)ली, 20 नव(cid:11)बर, 2014
सससस..ंं..ंं111111111111////2222000011114444----ससससीीीीममममाााा शशशश(cid:15)(cid:15)ुु(cid:15)(cid:15)ुु कककक ((((गगगग..ैै..ैै टटटटैै..ैै..))))
ककककाााा....आआआआ.... 2222999944443333((((अअअअ))))....————सीमा शु(cid:6)क अिधिनयम, 1962 (1962 का 52 ) क(cid:31) धारा 14 !ारा "द# शि$य% का "योग
करते *ए और भारत सरकार के िव# मं/ालय (राज1व िवभाग) क(cid:31) का.आ. 2830 (अ), (cid:4)दनांक 5 नव(cid:11)बर, 2014 के ज3रए
जारी अिधसूचना सं.101/2014-सीमा शु(cid:6)क (ग.ै टै.), (cid:4)दनांक 5 नव(cid:11)बर, 2014 को अिध4ांत करत े *ए, ऐसे "ित1थापन से
पूव9 क(cid:31) गई अथवा (cid:4)कए जाने से लोप क(cid:31) गई बात% को छोड़कर, क:;ीय उ=पाद शु(cid:6)क एंव सीमा शु(cid:6)क बोड 9 ,rn~}kjk िनधा93रत
करता ह ै (cid:4)क इसके साथ संलBन अनुसूची-I और अनुसूची-II म: से "=येक के कॉलम (2) म : िविनDदE "=येक िवदेशी मु;ा के
भारतीय मु;ा म : संप3रवत9न और भारतीय मु;ा के िवदेशी मु;ा म : संप3रवत9न क(cid:31) िविनमय दर 21 नव(cid:11)बर, 2014 से वह होगी
जो आयाितत माल और िनया9त माल के संबंध म: उ$ धारा के उGेHय के िलए उसके कॉलम (3) म : दी गई त=संबंधी "िविE म:
उि(cid:6)लिखत ह ै—
अअअअननननससुुससुु चचूूचचूू ीीीी----I
4ं. सं. िवदेशी मु;ा भारतीय K. के समतु(cid:6)य िवदेशी मु;ा क(cid:31) एक इकाई क(cid:31) िविनमय दर
(1) (2) (3)
(क) (ख)
(आयाितत माल के िलए) (िनया9त माल के िलए)
1. आ1Lेिलयन डालर 54.00 52.70
2. बाहरेनी दीनार 169.45 160.20
3. कनेिडयन डालर 55.40 54.05
4588 GI/2014 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
4. डेिनश 4ोनर 10.60 10.30
5. यूरो 78.90 77.00
6. हांग कागं डालर 8.10 7.95
7. कुवैती दीनार 219.65 207.45
8. MयूजीलNड डालर 49.30 48.05
9. नॉवOिजयन 4ोनर 9.30 9.00
10. पाउPड 1टRलग 98.45 96.25
11. Sसगापुर डालर 48.25 47.10
12. साउथ अT(cid:31)कन रNड 5.75 5.45
13. साऊदी अरेिबयन 3रयाल 17.05 16.10
14. 1वीिडश 4ोनर 8.50 8.30
15. ि1वस TNक 65.75 64.00
16. यू. ए. इ. (cid:4)दरहम 17.40 16.45
17. यू . एस. डालर 62.60 61.60
अअअअननननससुुससुु चचूूचचूू ीीीी---- II
4ं. सं. िवदेशी मु;ा भारतीय U. के समतु(cid:6)य िवदेशी मु;ा क(cid:31) 100 इकाई क(cid:31) िविनमय दर
(1) (2) (3)
(क) (ख)
(आयाितत माल के िलए) (िनया9त माल के िलए)
1. जापानी येन 53.10 51.85
2. केMयन िशS(cid:6)लग 71.00 66.90
[फा. सं. 468 /01/2014 - सीमा शु(cid:6)क-V]
स=यजीत मोहMती, िनदेशक (आईसीडी)
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
NOTIFICATION
New Delhi, the 20th November, 2014
No. 111/2014-CUSTOMS (N.T.)
S.O. 2943(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.101/2014-CUSTOMS (N.T.), dated the 5th November, 2014 vide number
S.O. 2830 (E), dated the 5th November, 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 21st November, 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.¹Hkkx IIµ[k.M 3 (ii)º Hkkjr dk jkti=k % vlk/kj.k 3
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 54.00 52.70
2. Bahrain Dinar 169.45 160.20
3. Canadian Dollar 55.40 54.05
4. Danish Kroner 10.60 10.30
5. EURO 78.90 77.00
6. Hong Kong Dollar 8.10 7.95
7. Kuwait Dinar 219.65 207.45
8. New Zealand Dollar 49.30 48.05
9. Norwegian Kroner 9.30 9.00
10. Pound Sterling 98.45 96.25
11. Singapore Dollar 48.25 47.10
12. South African Rand 5.75 5.45
13. Saudi Arabian Riyal 17.05 16.10
14. Swedish Kroner 8.50 8.30
15. Swiss Franc 65.75 64.00
16. UAE Dirham 17.40 16.45
17. US Dollar 62.60 61.60
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 53.10 51.85
2. Kenya Shilling 71.00 66.90
[F. No. 468/01/2014-Cus.V]
SATYAJIT MOHANTY, Director (ICD)
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.