Customs Rate of Exchange of Conversion Foreign Currencies wef 06.04.2018 notified vide Notification No. 31/2018-Customs (N.T.) dated: 5th April, 2018

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

*****

Notification No. 31/2018-Customs (N.T.)

New Delhi, dated the 5th April, 2018

15 Chaitra 1940 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Central Board of Excise and Customs No. 19/2018-CUSTOMS (N.T.), dated 15th March, 2018 except as respects things done or omitted to be done before such super session, 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 April, 2018, 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 51.05 49.30
2. Bahrain Dinar 178.30 166.95
3. Canadian Dollar 51.90 50.15
4. Chinese Yuan 10.50 10. 15
5. Danish Kroner 10.95 10.50
6. EURO 81.20 78.50
7. Hong Kong Dollar 8.40 8.15
8. Kuwait Dinar 224.35 209.70
9. New Zealand Dollar 48.45 46.55
10. Norwegian Kroner 8.45 8.15
11. Pound Sterling 93.05 90.05
12. Qatari Riyal 18.40 17.40
13. Saudi Arabian Riyal 17.95 16.80
14. Singapore Dollar 50.40 48.75
15. South African Rand 5.65 5.30
16. Swedish Kroner 7.90 7.60
17. Swiss Franc 68.80 66.55
18. UAE Dirham 18.30 17.15
19. US Dollar 65.90 64.20

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 61.90 59.80
2. Kenyan Shilling 64. 90 60.65

[F.No. 468/01/2018-Cus.V]

(Dr. Sreeparvathy S.L.)
Under Secretary to the Govt. of India
TELE: 011-2309 5541

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