In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.18/2021-Customs(N.T.), dated 18th February, 2021 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 here to, into Indian currency or vice versa, shall, with effect from 5th March, 2021, 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-1 of Customs
Sl. No.
Foreign Currency
Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(For Imported Goods)
(For Exported Goods)
1
Australian Dollar
58.15
55.75
2
Bahraini Dinar
200.00
187.65
3
Canadian Dollar
58.75
56.65
4
Chinese Yuan
11.45
11.10
5
Danish Kroner
12.05
11.60
6
EURO
89.65
89.65
7
Hong Kong Dollar
9.60
9.25
8
Kuwaiti Dinar
249.25
233.70
9
New Zealand Dollar
54.35
51.95
10
Norwegian Kroner
8.75
8.40
11
Pound Sterling
103.60
100.10
12
Qatari Riyal
20.70
19.45
13
Saudi Arabian Riyal
20.10
18.85
14
Singapore Dollar
55.75
53.85
15
South African Rand
5.00
4.70
16
Swedish Kroner
8.80
8.50
17
Swiss Franc
81.05
77.90
18
Turkish Lira
10.10
9.50
19
UAE Dirham
20.55
19.25
20
US Dollar
73.90
72.20
Schedule II -Customs
Sl. No.
Foreign Currency
Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
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