Download Document

English हिंदी
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE )
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS )
*****
Notification No. 85/2018 - Customs (N.T.)

New Delhi, dated the 4
th
October, 2018
12 Asvina 1940 (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
Indirect Taxes and Customs No.81/2018-CUSTOMS (N.T.), dated 20
th
September,
2018 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 5
th
October, 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 Exported
Goods)
1. Australian Dollar 53.70 51.40
2. Bahraini Dinar 202.05 189.45
3. Canadian Dollar 58.40 56.40
4. Chinese Yuan 10.90 10.55
5. Danish Kroner 11.55 11.15
6. EURO 86.15 83.10
7. Hong Kong Dollar 9.60 9.25
8. Kuwaiti Dinar 250.80 235.00
9. New Zealand Dollar 49.25 47.00
10. Norwegian Kroner 9.10 8.80

11. Pound Sterling 97.00 93.65
12. Qatari Riyal 20.90 19.60
13. Saudi Arabian Riyal 20.30 19.05
14. Singapore Dollar 54.35 52.55
15. South African Rand 5. 20 4.85
16. Swedish Kroner 8.30 8.00
17. Swiss Franc 75.75 72.90
18. UAE Dirham 20.75 19.45
19. US Dollar 74.60 72.90

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 Exported
Goods)
1. Japanese Yen 65.70 63.35
[F.No. 468/01/2018-Cus.V]



(Gunjan Kumar Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541
notifications no 85 2018 cus nt | iKargos