Rupee Falls by
Re.0.95 against Dollar to Rs. 74.60 w.e.f. 5 October 2018
[Notification No. 85/2018
- Customs (N.T.) dated 4 October 2018]
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.81/2018-CUSTOMS (N.T.), dated 20th
September, 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 5th October, 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 |
53.70 |
51.40 |
|
2. |
Bahrain Dinar |
202.05 |
189.45 |
|
3. |
Canadian Dollar |
58.40 |
56.40 |
|
4. |
Chinese Yuan |
10.90 |
10.55 |
|
5. |
Danish Kroner |
11.55 |
11.15 |
|
6. |
EURO |
86.15 |
83.10 |
|
7. |
Hong Kong
Dollar |
9.60 |
9.25 |
|
8. |
Kuwait Dinar |
250.80 |
235.00 |
|
9. |
New Zealand
Dollar |
49.25 |
47.00 |
|
10. |
Norwegian
Kroner |
9.10 |
8.80 |
|
11. |
Pound Sterling |
97.00 |
93.65 |
|
12. |
Qatari Riyal |
20.90 |
19.60 |
|
13. |
Saudi Arabian
Riyal |
20.30 |
19.05 |
|
14. |
Singapore
Dollar |
54.35 |
52.55 |
|
15. |
South African
Rand |
5. 20 |
4.85 |
|
16. |
Swedish Kroner |
8.30 |
8.00 |
|
17. |
Swiss Franc |
75.75 |
72.90 |
|
18. |
UAE Dirham |
20.75 |
19.45 |
|
19. |
US Dollar |
74.60 |
72.90 |
|
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 |
65.70 |
63.35 |
[F.No. 468/01/2018-Cus.V]