The Central Board of Indirect Taxes and Customs (CBIC) on February 16, 2023, issued the 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- 58.50 (Imported Goods) and 56.05 (Export Goods)
2. Bahraini Dinar – 226.50 (Imported Goods) and 213.00 (Export Goods)
• Rate of exchange of 100 units of foreign currency equivalent to Indian rupees: -
1. Japanese Yen – 62.95 (Imported Goods) and 60.90 (Export Goods)
2. Korean Won – 6.65 (Imported Goods) and 6.25 (Export Goods)
[Notification No. 10/2023 – Customs (N.T.)]
