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    Notification No. 41/2016 - Customs (N.T.)

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    Anupam Bali
    1. The Government of India's Ministry of Finance and Central Board of Excise and Customs issued Notification No. 41/2016, which determines the exchange rates of foreign currencies into Indian rupees that will be used for imported and exported goods, effective March 18, 2016. 2. The notification provides the exchange rates for 17 currencies in Schedule I and 2 currencies in Schedule II, specifying different rates for imported versus exported goods. 3. The Under Secretary to the Government of India signed off on the notification.

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    Notification No. 41/2016 - Customs (N.T.)

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    Anupam Bali
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    1. The Government of India's Ministry of Finance and Central Board of Excise and Customs issued Notification No. 41/2016, which determines the exchange rates of foreign currencies into Indian rupees that will be used for imported and exported goods, effective March 18, 2016. 2. The notification provides the exchange rates for 17 currencies in Schedule I and 2 currencies in Schedule II, specifying different rates for imported versus exported goods. 3. The Under Secretary to the Government of India signed off on the notification.

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    1. The Government of India's Ministry of Finance and Central Board of Excise and Customs issued Notification No. 41/2016, which determines the exchange rates of foreign currencies into Indian rupees that will be used for imported and exported goods, effective March 18, 2016. 2. The notification provides the exchange rates for 17 currencies in Schedule I and 2 currencies in Schedule II, specifying different rates for imported versus exported goods. 3. The Under Secretary to the Government of India signed off on the notification.

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    22 views2 pages

    Notification No. 41/2016 - Customs (N.T.)

    Uploaded by

    Anupam Bali
    1. The Government of India's Ministry of Finance and Central Board of Excise and Customs issued Notification No. 41/2016, which determines the exchange rates of foreign currencies into Indian rupees that will be used for imported and exported goods, effective March 18, 2016. 2. The notification provides the exchange rates for 17 currencies in Schedule I and 2 currencies in Schedule II, specifying different rates for imported versus exported goods. 3. The Under Secretary to the Government of India signed off on the notification.

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    GOVERNMENT OF INDIA

    MINISTRY OF FINANCE
    (DEPARTMENT OF REVENUE)
    (CENTRAL BOARD OF EXCISE AND CUSTOMS)
    Notification No. 41/2016 - Customs (N.T.)
    New Delhi, dated the 17th March, 2016
    27 Phalguna, 1937 (SAKA)
    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.36/2016-CUSTOMS (N.T.), dated 03rd March, 2016, 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 18th March, 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.
    Sl.No.
    (1)

    SCHEDULE-I
    Foreign Currency
    Rate of exchange of one unit of
    foreign currency equivalent to
    Indian rupees
    (2)
    (3)

    1.

    Australian Dollar

    2.

    Bahrain Dinar

    3.

    Canadian Dollar

    4.

    Danish Kroner

    5.

    EURO

    6.

    Hong Kong Dollar

    7.

    Kuwait Dinar

    (a)
    (For Imported
    Goods)

    (b)
    (For Export
    Goods)

    51.60

    50.30

    182.85

    172.35

    51. 65

    50.60

    10.20

    9.95

    76.05

    74.20

    8.70

    8.55

    229.00

    216.35

    8.

    New Zealand Dollar

    9.

    Norwegian Kroner

    10.

    Pound Sterling

    11.

    Singapore Dollar

    12.

    South African Rand

    13.

    Saudi Arabian Riyal

    14.

    Swedish Kroner

    15.

    Swiss Franc

    16.

    UAE Dirham

    17.

    US Dollar

    18.

    Chinese Yuan

    46.00

    44.65

    8.00

    7.80

    96.60

    94.45

    49.50

    48.45

    4.40

    4.15

    18.35

    17.35

    8.25

    8.05

    69.35

    67.60

    18.75

    17.70

    67.45

    66.40

    10.40

    10.20

    SCHEDULE-II

    (1)

    Foreign
    Currency
    (2)

    1.

    Japanese Yen

    2.

    Kenya Shilling

    Rate of exchange of 100 units of foreign


    Sl.No.
    currency equivalent to Indian rupees
    (3)
    (a)
    (b)
    (For Imported
    (For Export
    Goods)
    Goods)
    60.15
    58.80
    67.90

    64.10

    [F.No468/01/2016-Cus.V]

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

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