Posted On: 06 APR 2023 7:51PM by PIB Delhi

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No. 15/2023-Customs(N.T.), dated 16th March, 2023 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 7th April, 2023, 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
(2) (3)
(a) (b)
(For Imported Goods) (For Export Goods)
1. Australian Dollar 56.20 53.80
2. Bahraini Dinar 224.35 210.95
3. Canadian Dollar 61.85 59.80
4. Chinese Yuan 12.10 11.75
5. Danish Kroner 12.20 11.80
6. EURO 90.90 87.75
7. Hong Kong Dollar 10.65 10.25
8. Kuwaiti Dinar 275.65 259.15
9. New Zealand Dollar 53.00 50.60
10. Norwegian Kroner 7.95 7.70
11. Pound Sterling 103.75 100.35
12. Qatari Riyal 23.25 21.65
13. Saudi Arabian Riyal 22.55 21.20
14. Singapore Dollar 62.70 60.65
15. South African Rand 4.70 4.40
16. Swedish Kroner 8.00 7.75
17. Swiss Franc 92.15 88.65
18. Turkish Lira 4.40 4.15
19. UAE Dirham 23.05 21.65
20. US Dollar 82.85 81.10

SCHEDULE-II

Sl.

No.

 Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(2) (3)
(a) (b)
(For Imported Goods) (For Export Goods)
1. Japanese Yen 63.55 61.50
2. Korean Won 6.40 6.05

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PPG/KMN

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