GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE )
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS )
*****
Notification No.43/2018 - Customs (N.T.)
New Delhi, dated the 17
th
May, 2018
27 Vaisakha 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
Excise and Customs No.35/2018-CUSTOMS (N.T.), dated 3
rd
May, 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 18
th
May, 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
52.15 50.40
2.
Bahrain Dinar 185.60 173.70
3.
Canadian Dollar 54.05 52.30
4.
Chinese Yuan 10.85 10. 50
5.
Danish Kroner 10.95 10.55
6.
EURO 81.50 78.85
7.
Hong Kong Dollar 8.75 8.50
8.
Kuwait Dinar 232.15 217.20
9. New Zealand Dollar 47.90 46.05
10.
Norwegian Kroner 8.55 8.25
11.
Pound Sterling 93.35 90.40
12.
Qatari Riyal 19.25 18.00
13.
Saudi Arabian Riyal 18.70 17.50
14.
Singapore Dollar 51.40 49.85
15.
South African Rand 5.65 5.25
16.
Swedish Kroner 7.95 7.65
17.
Swiss Franc 69.00 66.80
18.
UAE Dirham 19.05 17.85
19.
US Dollar 68.65 66.95
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 62.55 60.50
2.
Kenyan 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