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Notification No. 87 /2018 - Customs (N.T.) Central Board Of Indirect Taxes And Customs
October, 23rd 2018
                                GOVERNMENT OF INDIA
                                 MINISTRY OF FINANCE
                              (DEPARTMENT OF REVENUE)
                   (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
                                        *****
                          Notification No. 87 /2018 - Customs (N.T.)

                                                    New Delhi, dated the 18th October, 2018
                                                                     26 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.85/2018-CUSTOMS (N.T.), dated 4th October, 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 19th 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                     51.35
      2.      Bahrain Dinar                                 201.20                    188.70
      3.      Canadian Dollar                                57.70                    55.75
      4.      Chinese Yuan                                   10.75                    10.45
      5.      Danish Kroner                                  11.60                    11.15
      6.      EURO                                           86.35                    83.30
      7.      Hong Kong Dollar                                9.55                     9.20
      8.      Kuwait Dinar                                  250.35                    234.60
      9.      New Zealand Dollar                             49.60                    47.35
      10.     Norwegian Kroner                                9.15                     8.85
      11.     Pound Sterling                                 98.45                    95.10
      12.     Qatari Riyal                                   20.85                    19.55
 13.      Saudi Arabian Riyal                     20.20                    18.95
 14.      Singapore Dollar                        54.35                    52.50
 15.      South African Rand                       5. 35                   5.00
 16.      Swedish Kroner                           8.40                    8.10
 17.      Swiss Franc                             75.60                    72.60
 18.      UAE Dirham                              20.65                    19.35
 19.      US Dollar                               74.30                    72.60






                                 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                       66.60                    64.15
                                                       [F.No. 468/01/2018-Cus.V]




                                                           (Dr. Sreeparvathy S.L.)
                                                Under Secretary to the Govt. of India
                                                               TELE: 011-2309 5541

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