Exchange Rate Notification

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.15/2020-CUSTOMS (N.T.), dated 20^th February, 2020 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and  Customs 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 6^th March, 2020, 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	49.80	47.55
2.	Bahraini Dinar	197.50	192.05
3.	Canadian Dollar	55.80	53.85
4.	Chinese Yuan	10.75	10.40
5.	Danish Kroner	11.15	10.75
6.	EURO	83.25	80.25
7.	Hong Kong Dollar	9.60	9.25
8.	Kuwaiti Dinar	247.70	232.45
9.	New Zealand Dollar	47.50	45.30
10.	Norwegian Kroner	8.05	7.80
11.	Pound Sterling	96.10	92.80
12.	Qatari Riyal	20.80	19.55
13.	Saudi Arabian Riyal	20.20	18.95
14.	Singapore Dollar	53.85	52.05
15.	South African Rand	4.95	4.65
16.	Swedish Kroner	7.90	7.60
17.	Swiss Franc	78.30	75.25
18.	Turkish Lira	12.40	11.65
19.	UAE Dirham	20.65	19.35
20.	US Dollar	74.25	72.55

 

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	69.70	67.10
2.	Korean Won	6.40	6.00

 

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