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THE CUSTOMS TARIFF ACT 1975 (Notification)
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Body Notification No. 05/2023 - Customs (N.T.), Dated 19th January, 2023

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No. 02/2023-Customs(N.T.), dated 5th January, 2023 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 20th January, 2023, 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

SI.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 Export Goods)

1.

Australian Dollar

57.50

55.10

2.

Bahraini Dinar

222.75

209.45

3.

Canadian Dollar

61.30

59.30

4.

Chinese Yuan

12.20

11.85

5.

Danish Kroner

12.00

11.60

6.

EURO

89.45

86.35

7.

Hong Kong Dollar

10.60

10.20

8.

Kuwaiti Dinar

275.10

258.60

9.

New Zealand Dollar

53.70

51.30

10.

Norwegian Kroner

8.30

8.05

11.

Pound Sterling

102.10

98.70

12.

Qatari Riyal

23.05

21.50

13.

Saudi Arabian Riyal

22.35

21.00

14.

Singapore Dollar

62.60

60.55

15.

South African Rand

4.90

4.60

16.

Swedish Kroner

8.00

7.75

17.

Swiss Franc

90.55

87.15

18.

Turkish Lira

4.45

4.20

19.

UAE Dirham

22.85

21.50

20.

US Dollar

82.30

80.55

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

64.50

62.40

2.

Korean Won

6.80

6.40

[F.No. 468/01/2023-Cus.V]

(Harish Kumar)

Under Secretary to the Govt. of India