Home » News » Banking & Finance » Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified 

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified 

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 Indirect Taxes and Customs No.77/2018-CUSTOMS (N.T.), dated  6th September, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes 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 21st  September, 2018, 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.

SCHEDULEI

 

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 53.95 51.60
2. Bahrain Dinar 199.35 187.05
3. Canadian Dollar 57.20 55.25
4. Chinese Yuan 10.80 10.45
5. Danish Kroner 11.60 11.20
6. EURO 86.55 83.45
7. Hong Kong Dollar 9.45 9.10
8. Kuwait Dinar 248.30 232.60
9. New Zealand Dollar 49.35 47.10
10. Norwegian Kroner 9.10 8.75
11. Pound Sterling 97.40 94.05
12. Qatari Riyal 20.65 19.35
13. Saudi Arabian Riyal 20.05 18.80
14. Singapore Dollar 54.05 52.25
15. South African Rand 5. 05 4.75
16. Swedish Kroner 8.30 8.00
17. Swiss Franc 76.90 73.95
18. UAE Dirham 20.45 19.20
19. US Dollar 73.65 71.95

 

SCHEDULEII

 

Sl.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 66.00 63.60

 

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Cabinet approves Loan Guarantee Scheme for Covid Affected Sectors  and to enhance the corpus of Emergency Credit Line Guarantee Scheme 

On account of the disruptions caused by the second wave of COVID 19 specially on ...

Government reaffirms its commitment to continuous improvement in taxpayer services

GST is a historic tax reform introduced on the 1st of July 2017. Over the ...

Revenue Deficit Grant of Rs. 9, 871 crore released to 17 States

The Department of Expenditure, Ministry of Finance on Tuesday released the 3rd monthly installment of Post ...

Expert Committee on Variable Capital Company submits its report to the IFSCA

Dr. K.P. Krishnan headed expert committee on Variable Capital Company has submitted its report on ...

India’s prospective on Blue Economy

Blue Economy is one of the major dimensions of growth. India is having more than ...

Tariff Notification No.45/2021-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs ...

Finance Minister Smt. Nirmala Sitharaman assures industry of Government’s support; Industry should wait & watch to assess the situation

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, here today urged the industry ...

1,23,902 crore gross GST revenue collected in the month of March 2021

The gross GST revenue collected in the month of March 2021 is at a record ...

Exchange rate notification No. 40/2021 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 ...

20 States implement ease of doing business reforms , Get additional borrowing permission of Rs. 39,521 crore

The number of States who have successfully completed the “Ease of Doing Business” reforms has ...

WP2Social Auto Publish Powered By : XYZScripts.com