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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
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 Currency | Rate 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) |
1 | Australian Dollar | 54.30 | 51.95 |
2 | Bahraini Dinar | 228.25 | 214.25 |
3 | Canadian Dollar | 61.70 | 59.70 |
4 | Chinese Yuan | 11.55 | 11.25 |
5 | Danish Kroner | 11.95 | 11.55 |
6 | EURO | 89.25 | 86.10 |
7 | Hong Kong Dollar | 10.80 | 10.45 |
8 | Kuwaiti Dinar | 277.75 | 261.20 |
9 | New Zealand Dollar | 50.90 | 48.55 |
10 | Norwegian Kroner | 7.70 | 7.45 |
11 | Pound Sterling | 102.95 | 99.55 |
12 | Qatari Riyal | 23.55 | 22.15 |
13 | Saudi Arabian Riyal | 22.90 | 21.55 |
14 | Singapore Dollar | 61.80 | 59.85 |
15 | South African Rand | 4.45 | 4.20 |
16 | Swedish Kroner | 7.65 | 7.45 |
17 | Swiss Franc | 92.85 | 89.40 |
18 | Turkish Lira | 3.10 | 2.95 |
19 | UAE Dirham | 23.40 | 22.00 |
20 | US Dollar | 84.15 | 82.4 |
SCHEDULE 2
S. No. | Foreign Currency | Rate 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) |
1 | Japanese Yen | 56.95 | 55.20 |
2 | Korean Won | 6.40 | 6.00 |
To Read the full text of the Order CLICK HERE
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