Ankit Thakkar

Mar 27, 20221 min

CBIC notified the foreign currency exchange rates for imports and exports

The Central Board of Indirect Taxes and Customs (CBIC) of India has notified the foreign currency exchange rates for imports and exports through schedule I and schedule II to vide Notification No.10/2022 - Customs (N.T.) dated 17th February 2022 which will be effective from 18th February 2022.

Schedule I

*FC = Foreign Currency

INR = Indian Rupees

^ - Exchange rates for "Turkish Lira" (₺) amended vide Notification No.16/2022 - Customs (N.T.) dated 11th March 2022. The exchange rates for the Turkish Lira notified vide Notification No.10/2022 - Customs (N.T.) dated 17th February 2022 were:

  • Import Rate: ₹ 5.70 / ₺

  • Export Rate: ₹ 5.35 / ₺

Schedule II

    3681
    8