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Notified rate of foreign exchange with effect from 21st May 2021

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

*****

Notification No. 48/2021 – Customs (N.T.)

New Delhi, dated the 20th May, 2021

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.46/2021-Customs(N.T.), dated 6 th May, 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 21st May, 2021, 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

57.95

55.55

2.

Bahraini Dinar

200.50

188.20

3.

Canadian Dollar

61.60

59.35

4.

Chinese Yuan

11.55

11.20

5.

Danish Kroner

12.20

11.75

6.

EURO

90.80

87.60

7.

Hong Kong Dollar

9.60

9.25

8.

Kuwaiti Dinar

251.80

235.75

9.

New Zealand Dollar

53.90

51.55

10.

Norwegian Kroner

8.95

8.65

11.

Pound Sterling

105.10

101.55

12.

Qatari Riyal

20.60

19.25

13.

Saudi Arabian Riyal

20.15

18.90

14.

Singapore Dollar

55.85

53.95

15.

South African Rand

5.35

5.05

16.

Swedish Kroner

8.95

8.60

17.

Swiss Franc

82.70

79.40

18.

Turkish Lira

9.00

8.40

19.

UAE Dirham

20.60

19.30

20.

US Dollar

74.10

72.35

 

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

68.35

65.85

2.

Korean Won

6.70

6.25

 

[F.No. 468/01/2021-Cus.V]

(Rathakrishnan Ananth)
Deputy Secretary to the Govt. of India

Source: CBIC


TaxGyata Team

TaxGyata Team

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