CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 4th November, 2021 vide Notification No. 90/2021- Customs (N.T.) | Dated: 3rd November, 2021.
Government of India
Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes and Customs
New Delhi, dated the 3rd November, 2021
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.82/2021-Customs(N.T.), dated 21st October, 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 hereto, into Indian currency or vice versa, shall, with effect from 4th November, 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.
|Foreign Currency||Rate of exchange of one unit of foreign currency equivalent to Indian rupees|
|(For Imported Goods)||(For Exported Goods)|
|7.||Hong Kong Dollar||9.75||9.40|
|9.||New Zealand Dollar||54.55||52.20|
|13.||Saudi Arabian Riyal||20.55||19.30|
|15.||South African Rand||5.00||4.70|
|Foreign Currency||Rate of exchange of 100 units of foreign currency equivalent to Indian rupees|
|(For Imported Goods)||(For Export Goods)|
Under Secretary to the Govt. of India