Central Board of Indirect Taxes and Customs, under the Ministry of Finance, Government of India, has issued Notification No. 52/2023 – Customs (N.T.) on July 13, 2023. This notification brings revised exchange rates for Norwegian Kroner and Swedish Kroner for import and export transactions. The amendments mentioned in this notification will come into effect from July 14, 2023. The revised rates for Norwegian Kroner and Swedish Kroner for import and export transactions are as follows:
S. No. | Foreign Currency | (For Imported Goods) |
(For Export Goods) |
10. | Norwegian Kroner | 8.25 | 8.00 |
16. | Swedish Kroner | 8.05 | 7.80 |
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
New Delhi
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Notification No. 52/2023 – Customs (N.T.) | Dated: 13th July, 2023
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes the following amendments in the Central Board of Indirect Taxes and Customs Notification No.50/2023-CUSTOMS (N.T.), dated 06th July, 2023 with effect from 14th July, 2023.
In the SCHEDULE-I of the said Notification, for serial No.10 and 16 and the entries relating thereto, the following shall be substituted, namely: –
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) | ||
10. | Norwegian Kroner | 8.25 | 8.00 |
16. | Swedish Kroner | 8.05 | 7.80 |
[F.No.468/01/2023-Cus.V]
(Harish Kumar)
Under Secretary to the Govt. of India