CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 21st May, 2021, vide Notification No. 48/2021-Customs (N.T.), Dated: 20th May, 2021.

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

*****

Notification No. 48/2021 – Customs (N.T.)

New Delhi, dated the 20th May, 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.46/2021-Customs(N.T.), dated 6 th May, 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 21st May, 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.

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 Exported Goods)
1. Australian Dollar 57.95 55.55
2. Bahraini Dinar 200.50 188.20
3. Canadian Dollar 61.60 59.35
4. Chinese Yuan 11.55 11.20
5. Danish Kroner 12.20 11.75
6. EURO 90.80 87.60
7. Hong Kong Dollar 9.60 9.25
8. Kuwaiti Dinar 251.80 235.75
9. New Zealand Dollar 53.90 51.55
10. Norwegian Kroner 8.95 8.65
11. Pound Sterling 105.10 101.55
12. Qatari Riyal 20.60 19.25
13. Saudi Arabian Riyal 20.15 18.90
14. Singapore Dollar 55.85 53.95
15. South African Rand 5.35 5.05
16. Swedish Kroner 8.95 8.60
17. Swiss Franc 82.70 79.40
18. Turkish Lira 9.00 8.40
19. UAE Dirham 20.60 19.30
20. US Dollar 74.10 72.35

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 68.35 65.85
2. Korean Won 6.70 6.25

[F.No. 468/01/2021-Cus.V]

(Rathakrishnan Ananth)
Deputy Secretary to the Govt. of India

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