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Customs Board Notifies Exchange Rate of Foreign Currency Relating to Imported / Exported Goods

Customs Board Notifies Exchange Rate of Foreign Currency Relating to Imported Exported GoodsThe Central Board of Indirect Taxes and Customs has determined the rate of exchange of conversion
on each of the foreign currencies into Indian currency or vice versa, with effect from 17 August 2017.
The Board has notified this, exercising its powers that Customs Act, 1962 (52 of 1962) section 14 has
conferred on it. Source ~ http://bit.ly/2MTCCS9
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

52.25

49.95

2.

Bahrain Dinar

192.40

180.40

3.

Canadian Dollar               

54.60

52.60

4.

Chinese Yuan

10.30

10.00

5.

Danish Kroner

10.90

10.50

6.

EURO

81.40

78.40

7.

Hong Kong Dollar

9.10

8.80

8.

Kuwait Dinar

239.35

224.10

9.

New Zealand Dollar

47.45

45.30

10.

Norwegian Kroner

8.50

8.15

11.

Pound Sterling

91.00

87.60

12.

Qatari Riyal

19.80

18.70

13.

Saudi Arabian Riyal

19.35

18.15

14.

Singapore Dollar

51.90

50.10

15.

South African Rand

5.00

4.70

16.

Swedish Kroner

7.80

7.50

17.

Swiss Franc

72.15

69.40

18.

UAE Dirham

19.75

18.50

19.

US Dollar

71.10

69.40

                                                                                                                               

 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

64.60

62.20

******

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