CBIC on 15th July 2021, notified the rate of exchange for conversion of foreign currencies into Indian currency or vice versa, which shall be effective from 16th July, 2021. Some of the conversion rates relating to imported and exported goods are mentioned below: –
| SI. No | Foreign Currency | Rate of Exchange of one unit of foreign currency equivalent to Indian Rupees | |
| (For Imported Goods) | (For Exported Goods) | ||
| 1. | Australian Dollar | 56.85 | 54.50 |
| 2. | Bahraini Dinar | 204.35 | 191.40 |
| 3. | Canadian Dollar | 60.55 | 58.40 |
| 4. | Chinese Yuan | 11.70 | 11.35 |