The Central Board of Indirect Taxes and Customs (CBIC) on April 04, 2024, notified regarding the Exchange Rate for the import and export of goods.
This is in supersession of Notification No. 24/2024-Customs(N.T.), dated March 26, 2024.
The following has been stated:
The Rate of exchange of one unit of foreign currency equivalent to Indian rupees for the following countries has 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
This shall come into force on April 05, 2024.
[Notification No 27/2024 - Customs (N.T.)]
