Finance Ministry notifies new Exchange Rate of Foreign Currency for Import and Export of Goods we.f. 6th Oct 2023 [Read Notification]

Finance Ministry notifies new Exchange Rate of Foreign Currency - for Import and Export of Goods - TAXSCAN

The Central Board Indirect Taxes and Customs (CBIC), vide Notification No. 73/2023 – Customs (N.T.) issued on 5th October 2023 has notified the new exchange rate of foreign currency for import and export of goods with effect from 6th October 2023. This notification supprasses notification no. 68/2023 dated 21st September 2023.

SCHEDULE 1

S. No.Foreign CurrencyRate of exchange of 1 unit of foreign currency equivalent to Indian rupees (For Imported Goods)  Rate of exchange of 1 unit of foreign currency equivalent to Indian rupees (For Export Goods)
1Australian Dollar54.3051.95
2Bahraini Dinar228.25214.25
3Canadian Dollar61.7059.70
4Chinese Yuan11.5511.25
5Danish Kroner11.9511.55
6EURO89.2586.10
7Hong Kong Dollar10.8010.45
8Kuwaiti Dinar277.75261.20 
9New Zealand Dollar50.9048.55
10Norwegian Kroner7.707.45 
11Pound Sterling102.9599.55 
12Qatari Riyal23.5522.15
13Saudi Arabian Riyal22.9021.55
14Singapore Dollar61.8059.85
15South African Rand4.454.20 
16Swedish Kroner7.657.45
17Swiss Franc92.8589.40
18Turkish Lira3.102.95 
19UAE Dirham23.4022.00 
20US Dollar84.1582.4 

SCHEDULE 2

S. No.Foreign CurrencyRate of exchange of 1 unit of foreign currency equivalent to Indian rupees (For Imported Goods)  Rate of exchange of 1 unit of foreign currency equivalent to Indian rupees (For Export Goods)
1Japanese Yen56.9555.20
2Korean Won6.406.00
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