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of <h1>India Revises Exchange Rates for Norwegian and Swedish Kroner Under Customs Act, 1962, Effective July 14, 2023.</h1> The Government of India's Ministry of Finance, through the Central Board of Indirect Taxes and Customs, issued Notification No. 52/2023 on July 13, 2023, amending a previous notification regarding the exchange rates for Norwegian and Swedish Kroner. Effective from July 14, 2023, the revised rates for the Norwegian Kroner are set at 8.25 INR for imported goods and 8.00 INR for export goods. For the Swedish Kroner, the rates are 8.05 INR for imported goods and 7.80 INR for export goods. This amendment is made under the authority of section 14 of the Customs Act, 1962.
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