CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 6th May, 2022 vide Exchange rates Notification No. 40/2022-Customs (N.T.) dated 5th May, 2022.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
*****

Notification No. 40/2022 Customs (N.T.)

New Delhi, dated the 5th May, 2022

15 Vaisakha 1944 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.34/2022-Customs(N.T.), dated 21st April, 2022 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 6th May, 2022, 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-I

Sl.
No.
Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
(a) (b)
(For Imported
Goods)
(For Export Goods)
1. Australian Dollar 56.45 54.10
2. Bahraini Dinar 208.55 195.90
3. Canadian Dollar 60.90 58.80
4. Chinese Yuan 11.70 11.35
5. Danish Kroner 11.05 10.70
6. EURO 82.45 79.45
7. Hong Kong Dollar 9.90 9.55
8. Kuwaiti Dinar 256.65 240.60
9. New Zealand Dollar 51.25 48.95
10. Norwegian Kroner 8.40 8.10
11. Pound Sterling 97.65 94.35
12. Qatari Riyal 21.60 20.15
13. Saudi Arabian Riyal 20.95 19.70
14. Singapore Dollar 56.40 54.55
15. South African Rand 5.10 4.75
16. Swedish Kroner 7.95 7.70
17. Swiss Franc 79.90 76.90
18. Turkish Lira 5.35 5.00
19. UAE Dirham 21.40 20.10
20. US Dollar 77.05 75.35

SCHEDULE-II

Sl.
No.
Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1) (2) (3)
(a) (b)
(For Imported
Goods)
(For Export Goods)
1. Japanese Yen 60.00 58.00
2. Korean Won 6.30 5.90

[F.No. 468/01/2022-Cus.V]

(Harish Kumar)

Under Secretary to the Govt. of India

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