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Exchange Rate Notification No. 40/2022 - Customs (N.T.)

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..... Exchange Rate Notification No. 40/2022 - Customs (N.T.) - News and Press Release Dated:- 6-5-2022 - News - In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962) , and in supersession of the Notification No.34/2022-Customs(N.T.), dated 21 st April, 2022 except as respects things done or omitted to be done before such supersession, the Central Board of Indi .....

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..... rect 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 6 th May, 2022, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating .....

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..... 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) .....

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..... (For Imported Goods) (For Export Goods) 1. Australian Dollar 56.45 54.10 2. Bahraini Dinar 208.55 195.90 3. Canadian Dollar 60.90 58.80 .....

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..... 4. Chinese Yuan 11.70 11.35 5. Danish Kroner 11.05 10.70 6. EURO 82.45 79.45 7. Hong Kong Dollar 9.90 9.55 .....

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..... 8. Kuwaiti Dinar 256.65 240.60 9. New Zealand Dollar 51.25 48.95 10. Norwegian Kroner 8.40 8.10 11. Pound Sterling 97.65 .....

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..... 94.35 12. Qatari Riyal 21.60 20.15 13. Saudi Arabian Riyal 20.95 19.70 14. Singapore Dollar 56.40 54.55 15. South African Rand .....

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..... 5.10 4.75 16. Swedish Kroner 7.95 7.70 17. Swiss Franc 79.90 76.90 18. Turkish Lira 5.35 5.00 19. UAE Dirham .....

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..... 21.40 20.10 20. US Dollar 77.05 75.35 SCHEDULE-II Sl.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees (1) (2) (3) .....

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..... (a) (b) (For Imported Goods) (For Export Goods) 1. Japanese Yen 60.00 58.00 2. Korean Won 6.30 5.90 .....

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..... **** RM/MV/KMN - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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