Customs Rate of Exchange of Foreign Currency Conversion wef  07.09.2018 notified vide Notification No. 77/2018 – Customs (N.T.) dated 6th September, 2018

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

*****

Notification No.77/2018 Customs (N.T.)

New Delhi, dated the 6th September, 2018
15 Bhadrapada 1940 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.74/2018-CUSTOMS (N.T.), dated 16th August, 2018 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 7th September, 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 52.75 50.45
2. Bahrain Dinar 196.30 184.10
3. Canadian Dollar 55.50 53.55
4. Chinese Yuan 10.65 10.30
5. Danish Kroner 11.40 11.00
6. EURO 85.05 81.80
7. Hong Kong Dollar 9.30 8.95
8. Kuwait Dinar 244.55 229.10
9. New Zealand Dollar 48.60 46.40
10. Norwegian Kroner 8.70 8.40
11. Pound Sterling 94.30 91.05
12. Qatari Riyal 20.35 19.05
13. Saudi Arabian Riyal 19.75 18.50
14. Singapore Dollar 53.05 51.15
15. South African Rand 4.80 4.50
16. Swedish Kroner 8.05 7.80
17. Swiss Franc 75.35 72.45
18. UAE Dirham 20.15 18.90
19. US Dollar 72.55 70.85

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 65.60 63.20

[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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