CBEC Exchange Rates W.e.f. September 1st, 2016

Dated 1st, September 2016 | Copy of | Notification No. 119/2016-Customs (N.T.)

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 & Customs No.112/2016-CUSTOMS (N.T.), dated 18th August, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & 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 02nd September, 2016, 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	51.45	49.65
2.	Bahrain Dinar	184.10	171.80
3.	Canadian Dollar	52.00	50.35
4.	Danish Kroner	10.25	9.85
5.	EURO	76.05	73.50
6.	Hong Kong Dollar	8.75	8.55
7.	Kuwait Dinar	229.65	214.85
8.	New Zealand Dollar	49.55	47.65
9.	Norwegian Kroner	8.20	7.90
10.	Pound Sterling	89.60	86.70
11.	Singapore Dollar	49.90	48.40
12.	South African Rand	4.70	4.40
13.	Saudi Arabian Riyal	18.50	17.30
14.	Swedish Kroner	7.95	7.70
15.	Swiss Franc	69.30	67.05
16.	UAE Dirham	18.85	17.65
17.	US Dollar	67.90	66.20
18.	Chinese Yuan	10.20	9.85

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	66.05	63.80
2.	Kenya Shilling	68.50	64.05

Sd/-
(Kshitendra Verma)
Under Secretary to the Govt. of India

F.No.468/01/2016-Cus.V
Issued by:
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
New Delhi

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CBEC Exchange Rates W.e.f. September 1st, 2016

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