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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE )
(CENTRAL BOARD OF EXCISE AND CUSTOMS )
*****
Notification No.1/2018 - Customs (N.T.)

New Delhi, dated the 4
th
January, 2018
14 Pausha 1939 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962
(52 of 1962), and in supersession of the notification of the Central Board of Excise
and Customs No.118/2017-CUSTOMS (N.T.), dated 21
st
December, 2017 except
as respects things done or omitted to be done before such supersession, the
Central Board of Excise and Customs hereby determines that the rate of exchange
of conversion of each of the foreign currencies specified in column (2) of each of
Schedule I and Schedule II annexed hereto, into Indian currency or vice
versa, shall, with effect from 5
th
January, 2018, be the rate mentioned against it
in the corresponding entry in column (3) thereof, for the purpose of the said
section, relating to imported and export goods.
SCHEDULE-I
Sl.No. Foreign Currency Rate of exchange of one unit of foreign
currency equivalent to Indian rupees
(1) (2) (3)
(a) (b)
(For Imported
Goods)
(For Export
Goods)
1. Australian Dollar
50.80
48.85
2. Bahrain Dinar 174.55 163.25
3. Canadian Dollar 51.60 49.95
4. Chinese Yuan 9. 95 9. 60
5. Danish Kroner 10.50 10.05
6. EURO 77.70 75.05
7. Hong Kong Dollar 8.25 8.00
8. Kuwait Dinar 218.45 204.15
9. New Zealand Dollar 45.95 44.30
10. Norwegian Kroner 8.00 7.70

11. Pound Sterling 87.55 84.65
12. Qatari Riyal 18.00
17.00
13. Saudi Arabian Riyal 17.55 16.40
14. Singapore Dollar 48.55 47.05
15. South African Rand 5.30 4.95
16. Swedish Kroner 7.95 7.65
17. Swiss Franc 66.15 63.95
18. UAE Dirham 17.90 16.75
19. US Dollar 64.50 62.80

SCHEDULE-II

Sl.No. Foreign Currency Rate of exchange of 100 units of foreign
currency equivalent to Indian rupees
(1) (2) (3)
(a) (b)
(For Imported
Goods)
(For Export
Goods)
1. Japanese Yen 57.45 55.50
2. Kenya Shilling 64. 90 60.65
[F.No. 468/01/2018-Cus.V]



(Dr. Sreeparvathy S.L.)
Under Secretary to the Govt. of India
TELE: 011-2309 5541
notifications no 1 2018 cus nt | iKargos