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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

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