CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 8th October, 2021

CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 8th October, 2021

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CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 8th October, 2021

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
Notification No. 80/2021 – Customs (N.T.)
New Delhi, dated the 7th October, 2021
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the Notification No.74/2021-Customs(N.T.), dated 16th September, 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 8th October, 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
55.75
53.40
2.
Bahraini Dinar
204.95
192.40
3.
Canadian Dollar
60.55
58.40
4.
Chinese Yuan
11.80
11.45
5.
Danish Kroner
11.85
11.40
6.
EURO
88.10
84.95
7.
Hong Kong Dollar
9.80
9.45
8.
Kuwaiti Dinar
256.50
240.25
9.
New Zealand Dollar
53.20
50.85
0.
Norwegian Kroner
8.90
8.55
1.
Pound Sterling
103.40
99.95
2.
Qatari Riyal
21.15
19.70
13.
Saudi Arabian Riyal
20.60
19.35
14.
Singapore Dollar
56.05
54.15
15.
South African Rand
5.15
4.85
16.
Swedish Kroner
8.65
8.35
17.
Swiss Franc
82.30
79.10
18.
Turkish Lira
8.70
8.15
19.
UAE Dirham
21.05
19.75
0.
US Dollar
75.70
74.00
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
68.40
65.95
0.
Korean Won
6.50
6.10
[F.No. 468/01/2021-Cus.V]
(Kevin Boban)
Under Secretary to the Govt. of India
 

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