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Exchange rates of conversion of foreign currencies notified for imported and export goods

New Delhi: In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super-session of the notification of the Central Board of Indirect Taxes and Customs (CBIC) No.24/2019-CUSTOMS (N.T.), dated 20th March, 2019 except as respects things done or omitted to be done before such super-session, the Central Board of Indirect Taxes and Customs (CBIC) hereby determines that the Rate of Exchange of conversion of each of the Foreign Currencies specified in Column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 5th April 2019, be the rate mentioned against it in the corresponding entry in Column (3) thereof, for the purpose of the said section, relating to Imported and Export Goods.

SCHEDULE-I

Sl.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
    (a) (b)
    (For Imported Goods) (For Exported Goods)
1. Australian Dollar 50.00 47.75
2. Bahraini Dinar 188.00 176.15
3. Canadian Dollar 52.35 50.45
4. Chinese Yuan 10.40 10.05
5. Danish Kroner 10.50 10.15
6. EURO 78.55 75.65
7. Hong Kong Dollar 8.90 8.55
8. Kuwaiti Dinar 233.05 217.35
9. New Zealand Dollar 47.85 45.65
10. Norwegian Kroner 8.15 7.85
11. Pound Sterling 92.00 88.70
12. Qatari Riyal 19.45 18.25
13. Saudi Arabian Riyal 18.90 17.70
14. Singapore Dollar 51.60 49.80
15. South African Rand 5. 00 4.70
16. Swedish Kroner 7.55 7.25
17. Swiss Franc 70.10 67.40
18. Turkish Lira 12.55 11.80
19. UAE Dirham 19.30 18.10
20. US Dollar 69.45 67.75

 

SCHEDULE-II

 

Sl.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1) (2) (3)
    (a) (b)
    (For Imported Goods) (For Export Goods)
1. Japanese Yen 62.75 60.40
2. Korean Won 6.25 5.85

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