In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.08/2022-Customs(N.T.), dated 3^rd February, 2022 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 February, 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	55.20	52.90
2.	Bahraini Dinar	205.85	193.30
3.	Canadian Dollar	60.20	58.10
4.	Chinese Yuan	12.05	11.70
5.	Danish Kroner	11.65	11.25
6.	EURO	86.90	83.80
7.	Hong Kong Dollar	9.80	9.45
8.	Kuwaiti Dinar	256.85	240.60
9.	New Zealand Dollar	51.55	49.25
10.	Norwegian Kroner	8.60	8.30
11.	Pound Sterling	103.85	100.35
12.	Qatari Riyal	21.25	19.95
13.	Saudi Arabian Riyal	20.70	19.40
14.	Singapore Dollar	56.90	55.00
15.	South African Rand	5.15	4.85
16.	Swedish Kroner	8.20	7.90
17.	Swiss Franc	83.15	79.95
18.	Turkish Lira	5.70	5.35
19.	UAE Dirham	21.15	19.85
20.	US Dollar	76.05	74.35

 

                               SCHEDULE-II                                       

 

 

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RM/KMN

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