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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS

 

Notification No.96/2018 - Customs (N.T.)

 

New Delhi, dated the 6th December, 2018

15 Agrahayana 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.93/2018-CUSTOMS (N.T.), dated 15th November, 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 December, 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

S.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

52.35

50.10

2.

Bahrain Dinar

194.20

182.15

3.

Canadian Dollar

53.85

52.00

4.

Chinese Yuan

10.50

10.15

5.

Danish Kroner

10.95

10.60

6.

EURO

81.95

78.95

7.

Hong Kong Dollar

9.25

8.90

8.

Kuwait Dinar

240.90

225.60

9.

New Zealand Dollar

50.05

47.65

10.

Norwegian Kroner

8.45

8.15

11.

Pound Sterling

91.85

88.60

12.

Qatari Riyal

20.10

18.85

13.

Saudi Arabian Riyal

19.50

18.30

14.

Singapore Dollar

52.65

50.85

15.

South African Rand

5.25

4.95

16.

Swedish Kroner

8.05

7.75

17.

Swiss Franc

72.45

69.70

18.

UAE Dirham

19.95

18.70

19.

US Dollar

17.75

70.05

                                                                                                 

 

 SCHEDULE-II

 

S.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

64.05

61.70

 

 

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

(Dr. Sreeparvathy S.L.)

Under Secretary to the Govt. of India

TELE: 011-2309 5541

Source: http://www.cbec.gov.in