The Central Board of Indirect Taxes and Customs (CBIC) on February 02, 2023, issued a notification regarding the rate of exchange of conversion of foreign currency for imported and exported goods
This is in supersession of the Notification No. 05/2023-Customs(N.T.), dated January 19, 2023
This shall come into effect on February 03, 2023
• Schedule I provides the Rate of exchange pertaining to the import and export of goods of one unit of foreign currency equivalent to Indian rupees of the following foreign currency: -
(i) Australian Dollar
(ii) Bahrain Dinar
(iii) Canadian Dollar
(iv) Chinese Yuan
(v) Danish Kroner
(vi) EURO
(vii) Hong Kong Dollar
(viii) Kuwait Dinar
(ix) New Zealand Dollar
(x) Norwegian Kroner
• Schedule II provides the Rate of exchange pertaining to the import and export of goods of 100 units of foreign currency equivalent to Indian rupees of the following foreign currency: -
(i) Japanese Yen
(ii) Korean Won
Disclaimer: refer to the document to view the conversion rate in detail
[Notification No. 08/2023 - Customs (N.T.)]
