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CUS NTF NO. 01/2020 (NT) DATE 02/01/2020

Rate of exchange of conversion of the foreign currency with effect from 3rd January, 2020

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.91/2019-CUSTOMS (N.T.), dated 19th December, 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 3rd January, 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 Export Goods)
1. Australian Dollar 51.15 48.90
2. Bahraini Dinar 195.25 183.15
3. Canadian Dollar 55.90 53.90
4. Chinese Yuan 10.40 10.05
5. Danish Kroner 10.90 10.50
6. EURO 81.50 78.45
7. Hong Kong Dollar 9.30 9.00
8. Kuwaiti Dinar 243.05 227.60
9. New Zealand Dollar 49.25 47.00
10. Norwegian Kroner 8.25 7.95
11. Pound Sterling 95.85 92.55
12. Qatari Riyal 20.10 18.85
13. Saudi Arabian Riyal 19.65 18.40
14. Singapore Dollar 53.90 52.05
15. South African Rand 5.25 4.95
16. Swedish Kroner 7.75 7.50
17. Swiss Franc 75.05 72.15
18. Turkish Lira 12.35 11.60
19. UAE Dirham 20.05 18.80
20. US Dollar 72.15 70.45

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 66.85 64.35
2. Korean Won 6.35 5.95

[F.No. 468/01/2020-Cus.V]

(Pramod Kumar)
Director
TELE: 011-2309 5541


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