Customs Rate of Exchange of Conversion Foreign Currencies wef 04.05.2018 notified vide Notification No. 35/2018-Customs (N.T.) dated: 3rd May, 2018
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
*****
Notification No. 35/2018 – Customs (N.T.)
New Delhi, dated the 3rd May, 2018 13

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 Excise and Customs No. 33/2018-CUSTOMS (N.T.), dated 19th April, 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 4th May, 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 51.10 49.35
2. Bahrain Dinar 182.60 171.05
3. Canadian Dollar 52.70 51.10
4. Chinese Yuan 10.65 10. 30
5. Danish Kroner 10.95 10.50
6. EURO 81.15 78.45
7. Hong Kong Dollar 8.60 8.35
8. Kuwait Dinar 228.70 213.85
9. New Zealand Dollar 47.55 45.90
10. Norwegian Kroner 8.35 8.05
11. Pound Sterling 92.10 89.15
12. Qatari Riyal 18.85 17.85
13. Saudi Arabian Riyal 18.35 17.20
14. Singapore Dollar 50.75 5.10
15. South African Rand 5.45 5.10

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 61.80 59.75
2. Kenyan Shilling 64. 90 60.65

[F.No. 468/01/201 8-Cus.VŠ

(B. Konthoujam)
Under Secretary to the Govt. of India
TELE: 011-2309 5541

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One response to “Customs Rate of Exchange of Foreign Currency Conversion wef 04.05.2018”

  1. Jagdip Shah says:

    Customs Exchange Rates w.e.f. 04.05.2018 for following currencies are missing in the above article
    1. Swedish Kroner
    2. Swisss Franc
    3. UAE Dirham
    4. US Dollars

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