CBIC notifies Rate of Exchange of Foreign Currencies wef 06.09.2019

By | September 6, 2019
(Last Updated On: September 6, 2019)

Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 15th August, 2019 notified vide Notification No. 63/2019–Customs (N.T.) dated 5th September, 2019.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
*****

Notification No.63/2019 – Customs (N.T.)

New Delhi, dated the 5th September, 2019
14 Bhadrapada, 1941 (SAKA)

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. 60/2019-CUSTOMS (N.T.), dated 14th August, 2019 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 6th September, 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 CurrencyRate 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 Dollar50.2548.00
2.Bahraini Dinar197.05184.85
3.  Canadian Dollar55.4053.45
4.Chinese Yuan10.259.95
5.Danish Kroner10.8510.45
6.EURO80.8077.85
7.Hong Kong Dollar9.359.00
8.Kuwaiti Dinar244.45229.25
9.New Zealand Dollar47.1544.95
10.Norwegian Kroner8.107.85
11.Pound Sterling89.6586.50
12.Qatari Riyal20.4019.15
13.Saudi Arabian Riyal19.8018.60
14.Singapore Dollar52.9051.10
15.South African Rand5.054.70
16.Swedish Kroner7.507.25
17.Swiss Franc74.5571.70
18.Turkish Lira13.1012.30
19.UAE Dirham20.2518.95
20.US Dollar72.8071.10

SCHEDULE-II

Sl.No.Foreign CurrencyRate 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 Yen68.7566.15
2.Korean Won6.205.80

[F.No. 468/01/201 9-Cus.V]

(Ruchi Bisht)
Under Secretary to the Govt. of India
TELE: 011-2309 5541

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