Tax Management India. Com
                        Law and Practice: A Digital eBook ...

Category of Documents

Latest Case Laws

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Manuals SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 
News
Home News News and Press Release Month 3 2018 2018 (3) This
← Previous Next →
 

Exchange Rate of Foreign Currencies relating to Imported and Export Goods Notified

March 15, 2018
  • Contents

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.18/2018-CUSTOMS (N.T.), dated 1st March, 2018 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 16th March, 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.

SCHEDULE-I

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

52.15

50.35

2.

Bahrain Dinar

178.00

166.75

3.

Canadian Dollar

51.00

49.35

4.

Chinese Yuan

10.45

10. 10

5.

Danish Kroner

11.00

10.60

6.

EURO

81.75

79.05

7.

Hong Kong Dollar

8.40

8.15

8.

Kuwait Dinar

223.90

209.30

9.

New Zealand Dollar

48.55

46.80

10.

Norwegian Kroner

8.55

8.25

11.

Pound Sterling

92.30

89.30

12.

Qatari Riyal

18.35

17.35

13.

Saudi Arabian Riyal

17.90

16.75

14.

Singapore Dollar

50.45

48.75

15.

South African Rand

5.70

5.35

16.

Swedish Kroner

8.10

7.80

17.

Swiss Franc

70.00

67.70

18.

UAE Dirham

18.30

17.00

19.

US Dollar

65.80

64.15

 

SCHEDULE-II

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

62.40

60.25

2.

Kenyan Shilling

64. 90

60.65

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Blog || Site Map - Recent || Site Map ||