CUSTOMS (N.T.) Notification No 76 of 2023 dated 19th October, 2023

 

 

Notification no 76/2023 Customs(Non Tariff) date on 19th October, 2023

 

 

Exchange Rate Notification No. 76/2023-Cus (NT) dated 19.10.2023-reg. 

The extract of CUSTOMS (N.T.) Notification No. 76/2023- CUSTOMS is given below: 

 Notification No. 76/2023-CUSTOMS(Non Tariff Notification) 

 

GOVERNMENT OF INDIA 

MINISTRY OF FINANCE 

DEPARTMENT OF REVENUE 

CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS 

 

Notification No. 76/2023 - Customs (N.T.) 

New Delhi, dated the 19th October, 2023

27 Ashvina 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. 73/2023-Customs(N.T.), dated 5th October, 2023 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 20th October, 2023, 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

 

 

(For Imported Goods)

(For Export Goods)

 

Australian Dollar

53.70

51.40

2.

Bahraini Dinar

228.40

214.40

3

Canadian Dollar

61.70

59.65

4.

Chinese Yuan

11.55

11.25

5.

Danish Kroner

11.95

11.55

6

EURO

              89.35

86.20

7.

Hong Kong Dollar

              10.80

10.45

8

Kuwaiti Dinar

277.60

261.05

9.

New Zealand Dollar

49.95

47.60

10

Norwegian Kroner

7.65

7.40

11.

Pound Sterling

102.75

99.40

12.

Qatari Riyal

23.60

22.15

13

Saudi Arabian Riyal

22.90

21.55

14

Singapore Dollar

61.65

59.65

15

South African Rand

4.50

4.25

16

Swedish Kroner

7.65

7.45

17

Swiss Franc

94.45

90.90

18

Turkish Lira

3.05

2.90

19

UAE Dirham

23.40

22.00

20

US Dollar

84.20

82.45

                                                       

                                                          SCHEDULE-II 

Sl.

No.

Foreign Currency

Rate of exchange of 100 units of foreign currency

equivalent to Indian rupees

1

2

3

 

 

(For Imported Goods)

(For Export Goods)

1.

Japanese Yen

56.50

54.75

2

Korean Won

6.30

5.95

                                                                  

                                                                                                                                               [F.No. 468/01/2023-Cus.V] 

                                                                                                                                               (Harish Kumar) 

                                                                                                                                            Under Secretary to the Govt. of India

 


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers