Notification No. 96/2018, Dated 06 December 2018

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

Notification No. 96/2018 - Customs (N.T.)

New Delhi, dated the 6th December, 2018
15 Agrahayana 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.93/2018-CUSTOMS (N.T.), dated 15th November, 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 7th December, 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

52.35

50.10

2.

Bahraini Dinar

194.20

182.15

3.

Canadian Dollar

53.85

52.00

4.

Chinese Yuan

10.50

10.15

5.

Danish Kroner

10.95

10.60

6.

EURO

81.95

78.95

7.

Hong Kong Dollar

9.25

8.90

8.

Kuwaiti Dinar

240.90

225.60

9.

New Zealand Dollar

50.05

47.65

10.

Norwegian Kroner

8.45

8.15

11.

Pound Sterling

91.85

88.60

12.

Qatari Riyal

20.10

18.85

13.

Saudi Arabian Riyal

19.50

18.30

14.

Singapore Dollar

52.65

50.85

15.

South African Rand

5. 25

4.95

16.

Swedish Kroner

8.05

7.75

17.

Swiss Franc

72.45

69.70

18.

UAE Dirham

19.95

18.70

19.

US Dollar

71.75

70.05

 

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

64.05

61.70

 

[F.No. 468/01/2018-Cus.V]

(Dr. Sreeparvathy S.L.)
Under Secretary to the Govt. of India
TELE: 011-2309 5541

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