Press "Enter" to skip to content

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

17 JAN 2019 : TAC NEWS BUREAU

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.02/2019-CUSTOMS (N.T.), dated 3rd January, 2019 except as respects things done or omitted to be done before such supersession, 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 18th January, 2019be 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.

 

SCHEDULEI

 

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 52.25 50.00
2. Bahraini Dinar 195.10 183.05
3. Canadian Dollar 54.60 52.75
4. Chinese Yuan 10.70 10.35
5. Danish Kroner 11.05 10.65
6. EURO 82.70 79.70
7. Hong Kong Dollar 9.25 8.90
8. Kuwaiti Dinar 243.00 227.60
9. New Zealand Dollar 49.40 47.15
10. Norwegian Kroner 8.50 8.20
11. Pound Sterling 93.35 90.10
12. Qatari Riyal 20.20 18.95
13. Saudi Arabian Riyal 19.60 18.40
14. Singapore Dollar 53.50 51.65
15. South African Rand 5. 35 5.05
16. Swedish Kroner 8.05 7.75
17. Swiss Franc 73.35 70.40
18. Turkish Lira 13.75 12.90
19. UAE Dirham 20.05 18.80
20. US Dollar 72.10 70.40

 

SCHEDULEII

 

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 66.60 64.15
2. Korean Won 6.55 6.15

 

****

Be First to Comment

Leave a Reply

Your email address will not be published.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

Design And Developed By AAA Online Services