The Central Board of Indirect Taxes and Customs (CBIC) on July 06, 2023, issued a notification in supersession to Notification No. 44/2023-Customs(N.T.) dated June 15, 2023, which states the Rate of Exchange of one unit of foreign currency equivalent to Indian rupees.
The following has been stated namely: -
• The Rate of exchange of one unit of foreign currency equivalent to Indian rupees for the following countries have been stated namely: -
1. Australian Dollar
2. Bahraini Dinar
3. Canadian Dollar
4. Chinese Yuan
• The Rate of exchange of 100 units of foreign currency equivalent to Indian rupees for the countries have been stated namely: -
1. Japanese Yen
2. Korean Won
[Notification No. 50/2023 – Customs (N.T.)]