In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.98/2021-Customs(N.T.), dated 16^th December, 2021 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 7^th January, 2022, 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	54.75	52.45
2.	Bahraini Dinar	204.05	191.55
3.	Canadian Dollar	59.35	57.25
4.	Chinese Yuan	11.90	11.50
5.	Danish Kroner	11.55	11.15
6.	EURO	85.85	82.80
7.	Hong Kong Dollar	9.75	9.40
8.	Kuwaiti Dinar	254.50	238.30
9.	New Zealand Dollar	51.80	49.45
10.	Norwegian Kroner	8.55	8.25
11.	Pound Sterling	102.60	99.10
12.	Qatari Riyal	21.00	19.70
13.	Saudi Arabian Riyal	20.50	19.25
14.	Singapore Dollar	55.80	53.90
15.	South African Rand	4.85	4.55
16.	Swedish Kroner	8.30	8.00
17.	Swiss Franc	82.90	79.65
18.	Turkish Lira	5.65	5.25
19.	UAE Dirham	20.95	19.65
20.	US Dollar	75.40	73.65

 

                                                                                                                               

                                                                  SCHEDULE-II                                      

 

 

 

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RM/KMN

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