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of <h1>New Exchange Rates for Currency Conversion in Import/Export Goods Set by Notification No. 18/2022, Effective March 18.</h1> Notification No. 18/2022-Customs (N.T.), issued by the Central Board of Indirect Taxes and Customs on 17th March 2022, supersedes Notification No. 13/2022-Customs (N.T.) dated 3rd March 2022. It establishes the exchange rates for converting specified foreign currencies into Indian rupees for imported and export goods, effective from 18th March 2022. The notification lists the exchange rates for various currencies, including the US Dollar, Euro, and Japanese Yen, among others, with separate rates for imported and export goods. This notification was later superseded by Notification No. 32/2022-Customs (N.T.) effective from 8th April 2022.
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