Exchange Rate of Foreign Currency relating to Imported and Export Goods Notified

 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 (CBIC) No.13/2019-CUSTOMS (N.T.), dated  21st February, 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 8th March, 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

50.55

48.35

2.

Bahraini Dinar

192.10

180.20

3.

Canadian Dollar               

53.15

51.25

4.

Chinese Yuan

10.60

10.30

5.

Danish Kroner

10.80

10.45

6.

EURO

80.75

77.80

7.

Hong Kong Dollar

9.10

8.75

8.

Kuwaiti Dinar

238.70

223.85

9.

New Zealand Dollar

48.80

46.60

10.

Norwegian Kroner

8.25

7.95

11.

Pound Sterling

94.05

90.75

12.

Qatari Riyal

19.90

18.65

13.

Saudi Arabian Riyal

19.30

18.10

14.

Singapore Dollar

52.60

50.75

15.

South African Rand

5. 10

4.75

16.

Swedish Kroner

7.70

7.40

17.

Swiss Franc

71.15

68.45

18.

Turkish Lira

13.30

12.50

19.

UAE Dirham

19.70

18.50

20.

US Dollar

71.00

69.30

                                                                                                                               

 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 Exported Goods)

1.

Japanese Yen

63.95

61.60

2.

Korean Won

6.40

6.00

 

****

 

DSM/RM/KA

Leave a Reply

Your email address will not be published. Required fields are marked *