Finance Ministry notifies updated Customs Exchange Rate Notification w.e.f 3rd November 2023
The Central Board Indirect Taxes and Customs (CBIC), has notified the new exchange rate of foreign currency for import and export of goods with effect from 3rd November 2023. This notification supprasses notification no. 76/2023-Customs(N.T.), dated 19th October, 2023. SCHEDULE 1 S. No.Foreign CurrencyRate of exchange of 1 unit of foreign currency equivalent to Indian rupees (For...
The Central Board Indirect Taxes and Customs (CBIC), has notified the new exchange rate of foreign currency for import and export of goods with effect from 3rd November 2023. This notification supprasses notification no. 76/2023-Customs(N.T.), dated 19th October, 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 | 54.85 | 52.45 |
| 2 | Bahraini Dinar | 228.30 | 214.40 |
| 3 | Canadian Dollar | 61.20 | 59.25 |
| 4 | Chinese Yuan | 11.55 | 11.20 |
| 5 | Danish Kroner | 12.00 | 11.65 |
| 6 | EURO | 89.85 | 86.75 |
| 7 | Hong Kong Dollar | 10.85 | 10.45 |
| 8 | Kuwaiti Dinar | 278.00 | 261.40 |
| 9 | New Zealand Dollar | 50.45 | 48.15 |
| 10 | Norwegian Kroner | 7.60 | 7.35 |
| 11 | Pound Sterling | 103.30 | 99.85 |
| 12 | Qatari Riyal | 23.55 | 22.15 |
| 13 | Saudi Arabian Riyal | 22.90 | 21.55 |
| 14 | Singapore Dollar | 62.05 | 60.05 |
| 15 | South African Rand | 4.65 | 4.35 |
| 16 | Swedish Kroner | 7.60 | 7.35 |
| 17 | Swiss Franc | 94.05 | 90.50 |
| 18 | Turkish Lira | 3.05 | 2.85 |
| 19 | UAE Dirham | 23.40 | 22.00 |
| 20 | US Dollar | 84.15 | 82.40 |
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 | 56.30 | 54.55 |
| 2 | Korean Won | 6.40 | 6.00 |
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