The Central Board of Indirect Taxes and Customs (CBIC) on March 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. 10/2023-Customs(N.T.), dated February 16, 2023
This shall come into effect on March 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
[Press Release ID: 1903714]
