The Central Board of Indirect Taxes and Customs (CBIC) on October 20, 2022 has issued Rate of exchange of foreign currency to Indian Rupees.
The following countries are stated namely: -
• Rate of exchange of one unit of foreign currency equivalent to Indian rupees: -
1. Australian Dollar- 53.10 (Imported Goods) and 50.75 (Export Goods)
2. Bahraini Dinar – 227.35 (Imported Goods) and 213.80 (Export Goods)
• Rate of exchange of 100 units of foreign currency equivalent to Indian rupees: -
1. Japanese Yen – 56.30 (Imported Goods) and 54.55 (Export Goods)
2. Korean Won – 6.00 (Imported Goods) and 5.56 (Export Goods)
[Notification No. 90/2022 – Customs (N.T.)]