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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
*****
Notification No. 04/2024 - Customs (N.T.)

New Delhi, dated the 18th January, 2024
28 Pausha 1945 (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. 01/2024-Customs(N.T.), dated 4
th
January,
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
19
th
January, 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 55.80 53.40
2. Bahraini Dinar 229.35 212.65
3. Canadian Dollar 62.70 60.70
4. Chinese Yuan 11.90 11.45
5. Danish Kroner 12.35 12.00
6. EURO 92.30 89.10
7. Hong Kong Dollar 10.80 10.50
8. Kuwaiti Dinar 279.15 261.8
9. New Zealand Dollar 52.15 49.80
10. Norwegian Kroner 8.05 7.80
11. Pound Sterling 107.35 103.85
12. Qatari Riyal 23.60 22.15
13. Saudi Arabian Riyal 22.90 21.50
14. Singapore Dollar 62.95 60.95
15. South African Rand 4.50 4.25

16. Swedish Kroner 8.10 7.85
17. Swiss Franc 98.20 94.50
18. Turkish Lira 2.85 2.70
19. UAE Dirham 23.35 22.00
20. US Dollar 84.10 82.35

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 57.10 55.35
2. Korean Won 6.40 6.00

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



(Megha Bansal)
Under Secretary to the Govt. of India
notification no 04 2024 cus nt dated 18 jan 2024 | iKargos