GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 08/2023 - Customs (N.T.) New Delhi, dated the 2nd February, 2023 13 Magha 1944 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersess…
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Open source pageGOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 08/2023 - Customs (N.T.) New Delhi, dated the 2nd February, 2023 13 Magha 1944 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No. 05/2023-Customs(N.T.), dated 19th January, 2023 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 3rd February, 2023, 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 59.75 57.35 2. Bahraini Dinar 224.10 210.70 3. Canadian Dollar 62.70 60.65 4. Chinese Yuan 12.40 12.00 5. Danish Kroner 12.35 11.90 6. EURO 91.80 88.65 7. Hong Kong Dollar 10.65 10.25 8. Kuwaiti Dinar 277.25 260.65 9. New Zealand Dollar 54.90 52.45 10. Norwegian Kroner 8.40 8.15 11. Pound Sterling 103.20 99.75 12. Qatari Riyal 23.15 21.80 13. Saudi Arabian Riyal 22.50 21.15 14. Singapore Dollar 63.85 61.75 15. South African Rand 4.95 4.65 16. Swedish Kroner 8.05 7.80 17. Swiss Franc 92.00 88.55 18. Turkish Lira 4.50 4.20 19. UAE Dirham 23.00 21.65 20. US Dollar 82.75 81.05 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 64.80 62.65 2. Korean Won 6.95 6.50 [F.No. 468/01/2023-Cus.V] (Harish Kumar) Under Secretary to the Govt. of India
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