Rupee Gains by 30 paise against Dollar to Rs. 74.30
w.e.f. 19 October 2018
[Notification No. 87/2018 - Customs (N.T.) dated 18 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.85/2018-CUSTOMS (N.T.), dated 4th October,
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 19th 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 Exported Goods) |
|
1. |
Australian Dollar |
53.70 |
51.35 |
|
2. |
Bahrain Dinar |
201.20 |
188.70 |
|
3. |
Canadian Dollar |
57.70 |
55.75 |
|
4. |
Chinese Yuan |
10.75 |
10.45 |
|
5. |
Danish Kroner |
11.60 |
11.15 |
|
6. |
EURO |
86.35 |
83.30 |
|
7. |
Hong Kong Dollar |
9.55 |
9.20 |
|
8. |
Kuwait Dinar |
250.35 |
234.60 |
|
9. |
New Zealand Dollar |
49.60 |
47.35 |
|
10. |
Norwegian Kroner |
9.15 |
8.85 |
|
11. |
Pound Sterling |
98.45 |
95.10 |
|
12. |
Qatari Riyal |
20.85 |
19.55 |
|
13. |
Saudi Arabian Riyal |
20.20 |
18.95 |
|
14. |
Singapore Dollar |
54.35 |
52.50 |
|
15. |
South African Rand |
5. 35 |
5.00 |
|
16. |
Swedish Kroner |
8.40 |
8.10 |
|
17. |
Swiss Franc |
75.60 |
72.60 |
|
18. |
UAE Dirham |
20.65 |
19.35 |
|
19. |
US Dollar |
74.30 |
72.60 |
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 |
66.60 |
64.15 |
[F.No. 468/01/2018-Cus.V]