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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
*****
Notification No. 40/2024 - Customs (N.T.)

New Delhi, dated the 6
th
June, 2024
16 Jyeshtha 1946 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of
1962), and in supersession of the Notification No. 36/2024-Customs(N.T.), dated 16
th
May,
2024 except as respects things done or omitted to be done before such supersession, the Central
Board of Indirect Taxes 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 7
th
June, 2024, 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 56.85 54.40
2.
Bahraini Dinar 230.00 213.30
3. Canadian Dollar 62.00 60.05
4. Chinese Yuan 11.70 11.30
5. Danish Kroner 12.35 12.00
6. EURO 92.45 89.30
7. Hong Kong Dollar 10.85 10.55
8. Kuwaiti Dinar 281.30 263.80
9. New Zealand Dollar 52.95 50.60
10. Norwegian Kroner 8.00 7.80
11. Pound Sterling 108.55 105.10
12. Qatari Riyal 24.55 21.40
13. Saudi Arabian Riyal 22.65 21.65

14. Singapore Dollar 63.00 61.00
15. South African Rand 4.55 4.30
16. Swedish Kroner 8.15 7.95
17. Swiss Franc 95.45 91.90
18. Turkish Lira 2.65 2.50
19. UAE Dirham 23.45 22.05
20. US Dollar 84.30 82.60

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 54.45 52.80
2. Korean Won 6.30 5.95

[F.No. 468/01/2024-Cus.V]




(Komila Punia)
Deputy Secretary to the Govt. of India
notification no 40 2024 customs n t dated 06 jun 2024 | iKargos