sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
News Headlines »
 All you need to know about gift tax this wedding season
 3rd instalment of advance tax due on 15 December
 Tax on your gold and real estate investments
 Securities and Exchange Board of India (Mutual Funds) (Third Amendment) Regulations, 2018
 Have you filed your income tax? Remember these deadline nears; know from TDS, TCS to challan, forms
 Notification No. 96/2018 -Central Board Of Indirect Taxes And Customs
 Here’s how you can check your ITR refund status online
 Your tax form will be filled by the taxman Income tax return (ITR) filing
  Section 24 and Section 56 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)
  Companies (cost records and audit) Amendment Rules, 2018
 Income tax, TDS rules explained in 10 points EPF withdrawal

Notification No. 85/2018 - Customs (N.T.) Central Board Of Indirect Taxes And Customs
October, 05th 2018
                           GOVERNMENT OF INDIA
                            MINISTRY OF FINANCE
                        (DEPARTMENT OF REVENUE)
            (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
                                     *****
                 Notification No. 85/2018 - Customs (N.T.)

                                            New Delhi, dated the 4th October, 2018
                                                           12 Asvina 1940 (SAKA)


      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.81/2018-CUSTOMS (N.T.), dated 20th September,
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 5th 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        (For Exported
                                               Goods)               Goods)
     1.     Australian Dollar                      53.70               51.40
     2.     Bahraini Dinar                        202.05                189.45
     3.     Canadian Dollar                        58.40                 56.40
     4.     Chinese Yuan                           10.90                 10.55
     5.     Danish Kroner                          11.55                 11.15
     6.     EURO                                   86.15                 83.10
     7.     Hong Kong Dollar                        9.60                 9.25
     8.     Kuwaiti Dinar                         250.80                235.00
     9.     New Zealand Dollar                     49.25                 47.00
     10.    Norwegian Kroner                        9.10                 8.80
 11.     Pound Sterling                      97.00                 93.65
 12.     Qatari Riyal                        20.90                 19.60
 13.     Saudi Arabian Riyal                 20.30                 19.05
 14.     Singapore Dollar                    54.35                 52.55
 15.     South African Rand                  5. 20                 4.85
 16.     Swedish Kroner                      8.30                  8.00
 17.     Swiss Franc                         75.75                 72.90
 18.     UAE Dirham                          20.75                 19.45
 19.     US Dollar                           74.60                 72.90






                               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           (For Exported
                                       Goods)                 Goods)
    1.      Japanese Yen                   65.70                 63.35
                                                     [F.No. 468/01/2018-Cus.V]




                                                          (Gunjan Kumar Verma)
                                          Under Secretary to the Govt. of India
                                                           TELE: 011-2309 5541

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Contact Us

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions