CBIC Notifies EXIM Exchange Rates Effective From July 7, 2023

The Central Board of Indirect Taxes and Customs (CBIC) has notified the Export-Import (EXIM) exchange rates with effect from July 07, 2023.

The CBIC notified that the Rate of exchange of 100 units of foreign currency equivalent to Indian rupees of Japanese Yen and Korean Won for import is Rs. 58.10 and 6.50 respectively.

The rate of exchange of 100 units of foreign currency equivalent to Indian rupees of Japanese Yen and Korean Won for export is Rs. 56.25 and 6.15 respectively.

In case of import rate of exchange of 1 units of foreign currency equivalent to Indian rupees of Australian Dollar, Bahraini Dinar, Canadian Dollar, Chinese Yuan, Danish Kroner, EURO, Hong Kong Dollar, Kuwaiti Dinar, New Zealand Dollar, Norwegian Kroner, Pound Sterling, Qatari Riyal, Saudi Arabian Riyal, Singapore Dollar, South African Rand, Swedish Kroner, Swiss Franc, Turkish Lira, UAE Dirham and US Dollar is 56.20, 225.45, 63.05, 11.55, 12.20, 90.95, 10.70, 276.60, 52.40, 7.85, 106.45, 23.35, 22.65, 61.90, 4.55, 7.65, 93.55, 3.25, 23.15, and 83.25 respectively.

Notification No. 50/2023 -Customs (N.T.)

Date: 06/07/2023

Click Here To Read The Notification