Register Price / Packages DEMO Option My Bookmarks Daily Newsletters Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Unexplained cash credit u/s 68 - onus to prove...     TaxTMI    Validity of Show Cause Notice and the consequential...     TaxTMI    Regular Approval u/s 80G(5) - Constitutional...     TaxTMI    Settlement applications u/s 245C (1) - “full and...     TaxTMI    Attachment order - SCN was not uploaded on the...     TaxTMI    Validity of assessment order of GST demand -...     TaxTMI    Condonation of delay in filing returns - due to...     TaxTMI    Carry forward of excess payment of tax as ITC for...     TaxTMI    Refund of service tax on Ocean Freight - Precedents...     TaxTMI    Violation of principles of natural justice -...     TaxTMI    Quantification of pre-deposit of 20% before filing...     TaxTMI    Validity of action taken by the GST officers in...     TaxTMI    Eligibility for Composition scheme - ice-cream -...     TaxTMI    Seeking reimbursement of GST amount paid by the...     TaxTMI    Condonation of delay in filing an appeal before the...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 5 2018 2018 (5) This

← Previous Next →

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified
3-5-2018
  • 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.33/2018-CUSTOMS (N.T.), dated  19th April, 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 4th May, 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

51.10

49.35

2.

Bahrain Dinar

182.60

171.05

3.

Canadian Dollar

52.70

51.10

4.

Chinese Yuan

10.65

10. 30

5.

Danish Kroner

10.95

10.50

6.

EURO

81.15

78.45

7.

Hong Kong Dollar

8.60

8.35

8.

Kuwait Dinar

228.70

213.85

9.

New Zealand Dollar

47.55

45.90

10.

Norwegian Kroner

8.35

8.05

11.

Pound Sterling

92.10

89.15

12.

Qatari Riyal

18.85

17.85

13.

Saudi Arabian Riyal

18.35

17.20

14.

Singapore Dollar

50.75

49.20

15.

South African Rand

5.45

5.10

16.

Swedish Kroner

7.60

7.35

17.

Swiss Franc

68.00

65.65

18.

UAE Dirham

18.75

17.55

19.

US Dollar

67.50

65.80
 

 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

61.80

59.75

2.

Kenyan Shilling

64. 90

60.65
← Previous Next →

Quick Updates:Latest Updates

F: Man power supply to Poultry Farm - Taxable or exempt
F: iterest liability
N: Seeks to extend the due date for filing of FORM GSTR-1, for the month ...
N: State Government notifies special procedure by a registered person eng...
H: Inclusion of gender specific infrastructure facilities - The Trade Not...
H: The Ministry of Finances recent notification amends the FEMA (Non-debt...
H: Adjustments in Excise Duty for Petroleum Crude: Notification No. 12/20...
H: Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold ...
H: Export of Onions to Sri Lanka and UAE. - The issuance of Notification ...
H: The Notification No. 06/2023 issued by the DGFT imposes port restricti...
H: Special procedure by a registered person engaged in manufacturing of t...
H: Service of SCN - Breach of principles of natural justice - intimation ...
H: Rectification petition - Validity Of Order passed - discrepancy betwee...
H: Validity of assessment order - Violation of Stay Order against the ope...
H: Denial of Input Tax Credit (ITC) - Proof of movement of Goods (E-way b...
H: Validity Of Order passed u/s 73 of the Central Goods and Services Tax ...
H: Validity of Communication over Email - The petitioner claims that noti...
H: Validity Of assessment order passed - SEZ unit - Supply of services wi...
H: Maintainability of Writ Petition since GST Appellate Tribunal not cons...
F: Section 16(4)
A: REJECTION OF APPLICATION FOR INSOLVENCY RESOLUTION PROCESS OF PERSONAL...
A: Right to personal hearing and Right to object the SCN cannot be compro...
N: Foreign Exchange Management (Non-debt Instruments) (Third Amendment) R...
F: Section 73(11)
N: Amendment in Notification No. CCT/26-2/2018-19/64/1825 dated the 25th ...
N: Seeks to rescind Notification No. S.O. 261 dated the 05th October 202
N: Seeks to extend the due date for filing FORM GSTR-1 for the month of M...
A: Optimizing Efficiency: The Crucial Role of Integrating Inventory Accou...
A: REPAYMENT PLAN IN INSOLVENCY RESOLUTION PROCESS OF PERSONAL GUARANTORS...
A: If an Assessee deposits all taxes, interest, etc. and complies with ot...