National

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified

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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. 90/2018-CUSTOMS (N.T.), dated  1st November, 2018 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 16th November, 2018, 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.

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 53.60 51.30
2. Bahraini Dinar 197.40 185.20
3. Canadian Dollar 55.50 53.45
4. Chinese Yuan 10.55 10.20
5. Danish Kroner 11.15 10.75
6. EURO 83.15 80.15
7. Hong Kong Dollar 9.35 9.05
8. Kuwaiti Dinar 244.75 229.25
9. New Zealand Dollar 50.35 48.10
10. Norwegian Kroner 8.65 8.35
11. Pound Sterling 95.40 92.10
12. Qatari Riyal 20.45 19.20
13. Saudi Arabian Riyal 19.85 18.60
14. Singapore Dollar 53.25 51.45
15. South African Rand 5. 20 4.85
16. Swedish Kroner 8.10 7.80
17. Swiss Franc 73.15 70.20
18. UAE Dirham 20.25 19.00
19. US Dollar 72.95 71.25

 

SCHEDULE

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 64.65 62.35

 

 

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