| Date: |
16-08-2018
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| Notification No: |
Notification No.74/2018 - Customs (N.T.)
|
| Issuing Authority: |
Indian Customs
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| Type: |
Non Tariff
|
| File No: |
F.No. 468/01/2018-Cus.V |
| Subject: |
Exchange Rates Notification No.74/2018-Custom(NT) dated 16.08.2018.
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|
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No.74/2018 - Customs (N.T.)
New Delhi, dated the 16th August, 2018
25 Shravana 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.67/2018-CUSTOMS (N.T.), dated 2nd 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 17th August, 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 |
52.25 |
49.95 |
| 2. |
Bahrain Dinar |
192.40 |
180.40 |
| 3. |
Canadian Dollar |
54.60 |
52.60 |
| 4. |
Chinese Yuan |
10.30 |
10.00 |
| 5. |
Danish Kroner |
10.90 |
10.50 |
| 6. |
EURO |
81.40 |
78.40 |
| 7. |
Hong Kong Dollar |
9.10 |
8.80 |
| 8. |
Kuwait Dinar |
239.35 |
224.10 |
| 9. |
New Zealand Dollar |
47.45 |
45.30 |
| 10. |
Norwegian Kroner |
8.50 |
8.15 |
| 11. |
Pound Sterling |
91.00 |
87.60 |
| 12. |
Qatari Riyal |
19.80 |
18.70 |
| 13. |
Saudi Arabian Riyal |
19.35 |
18.15 |
| 14. |
Singapore Dollar |
51.90 |
50.10 |
| 15. |
South African Rand |
5.00 |
4.70 |
| 16. |
Swedish Kroner |
7.80 |
7.50 |
| 17. |
Swiss Franc |
72.15 |
69.40 |
| 18. |
UAE Dirham |
19.75 |
18.50 |
| 19. |
US Dollar |
71.10 |
69.40 |
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 |
64.60 |
62.20 |
[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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