Question

Exchage rate of foreign currency related to import and export is notified by

Answer 1

The exchange rate of foreign currency related to imports and exports is notified by the Central Board of Indirect Taxes and Customs (CBIC).

CBIC is the nodal agency of the central government dealing with the formulation of policies relating to levy and collection of Customs, Central Excise, Central Goods & Services Tax and Integrated Goods & Services Tax.