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In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.40/2021-Customs(N.T.), dated 1st 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 16th April, 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.

CBIC determines rate of exchange of foreign currencies w.e.f 16th April 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

59.35

56.90

2.

Bahraini Dinar

206.15

193.55

3.

Canadian Dollar

61.20

59.05

4.

Chinese Yuan

11.70

11.35

5.

Danish Kroner

12.35

11.90

6.

EURO

91.75

88.60

7.

Hong Kong Dollar

9.85

9.50

8.

Kuwaiti Dinar

257.95

241.90

9.

New Zealand Dollar

55.20

52.80

10.

Norwegian Kroner

9.10

8.80

11.

Pound Sterling

105.45

101.95

12.

Qatari Riyal

21.35

20.05

13.

Saudi Arabian Riyal

20.70

19.45

14.

Singapore Dollar

57.30

55.35

15.

South African Rand

5.40

5.05

16.

Swedish Kroner

9.05

8.75

17.

Swiss Franc

83.15

79.90

18.

Turkish Lira

9.60

9.00

19.

UAE Dirham

21.15

19.85

20.

US Dollar

76.15

74.45

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

70.40

67.90

2.

Korean Won

6.95

6.55

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