New Delhi: The Central Board of Indirect Taxes and Customs announced the latest rate of foreign exchange (Forex) for the conversion of each of the foreign currencies. The new forex rates become effective from March 8, 2023, relating to imported and exported goods.
The rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II, into Indian currency or vice versa, shall, with effect from March 8, 2024, be the rate mentioned against it in the corresponding entry in column (3) thereof, relating to imported and export goods.
– global bihari bureau
