The Central Board of Indirect Taxes and Customs (CBIC) on July 20, 2023, determined the rate of exchange of conversion of each of the foreign currencies into Indian currency.
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: -
• Australian Dollar
• Bahraini Dinar
• Canadian Dollar
• Chinese Yuan
The Rate of exchange of 100 units of foreign currency equivalent to Indian rupees for the countries have been stated namely: -
• Japanese Yen
• Korean Won
[Notification No. 54/2023 – Customs (N.T.)]
