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CBDT determines rate of exchange of conversion of foreign currencies w.e.f 7th May 2021

Last updated: 06 May 2021


Exchange Rate Notification No.46/2021 - Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.43/2021-Customs(N.T.), dated 15th April, 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 7th 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.

CBDT determines rate of exchange of conversion of foreign currencies w.e.f 7th May 2021

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

58.35

55.95

2.

Bahraini Dinar

202.35

189.95

3.

Canadian Dollar

61.30

59.10

4.

Chinese Yuan

11.60

11.25

5.

Danish Kroner

12.15

11.70

6.

EURO

90.25

87.10

7.

Hong Kong Dollar

9.70

9.35

8.

Kuwaiti Dinar

253.30

237.30

9.

New Zealand Dollar

54.55

52.20

10.

Norwegian Kroner

9.00

8.70

11.

Pound Sterling

104.45

100.95

12.

Qatari Riyal

20.95

19.65

13.

Saudi Arabian Riyal

20.35

19.10

14.

Singapore Dollar

56.20

54.35

15.

South African Rand

5.30

4.95

16.

Swedish Kroner

8.85

8.55

17.

Swiss Franc

82.45

79.20

18.

Turkish Lira

9.15

8.60

19.

UAE Dirham

20.75

19.50

20.

US Dollar

74.75

73.05

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

68.85

66.30

2.

Korean Won

6.80

6.35


Category Income Tax   Report

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