Custom Exchange Rate Notification:- Hello friend welcomes to “Indiancustoms.info” If you are searching for the latest custom exchange rate notification.
You are on right page!
Here in this article, I explained how to get the latest custom exchange rate notification.
And we also explained how you can check previous years exchange rate.
Checking current exchange rate is very process.
You can check the current customs exchange rate by clicking the below button.
When you click on this button it will redirect you to the official customs exchange rate notification page of Central Board of Indirect Taxes and Customs (CBIC).
Also Read:- ASEAN India Free Trade Agreement.
What Is Custom Exchange Rate?
The exchange rate is the value of one country’s currency in relation to author currency.
99% of export import shipments are done in foreign currency.
So, the Central Board of Indirect Taxes and Customs (CBIC) fixed a rate of exchange for each currency for import-export Customs clearance.
Exchange rates are determined in the foreign exchange market.
The CBIC monitors the exchange rate changes and releases the updated exchange rate notification on time to time basis.
How To Get Old Exchange rate of Customs?
Checking old or previous years exchange rate is very easy process.
To check the old exchange rate first you need to visit the notification page by clicking the above button.
There you can see an option of year.
By clicking on year you can get list of previous years.
You just need to select a year which years exchange rate you need.
And it will show you the whole notification of exchange rate for particular year.
I hope now you understand how to get custom exchange rate notification and how to check the old exchange rate of customs. Comment below if anyone has any suggestions or queries.