Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 4th October, 2019 notified vide Notification No. 72/2019–Customs (N.T.) dated 3rd October, 2019.

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

Notification No. 72/2019 Customs (N.T.)

New Delhi, dated the 3rd October, 2019

11 Asvina, 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.66/2019-CUSTOMS (N.T.), dated 19th September, 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 4th October, 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 49.00 46.85
2. Bahraini Dinar 195.25 183.20
3. Canadian Dollar 54.45 52.55
4. Chinese Yuan 10.15 9.80
5. Danish Kroner 10.65 10.25
6. EURO 79.55 76.65
7. Hong Kong Dollar 9.25 8.90
8. Kuwaiti Dinar 242.40 227.35
9. New Zealand Dollar 45.90 43.80
10. Norwegian Kroner 7.95 7.65
11. Pound Sterling 89.30 86.15
12. Qatari Riyal 20.20 18.95
13. Saudi Arabian Riyal 19.65 18.40
14. Singapore Dollar 52.45 50.65
15. South African Rand 4.80 4.50
16. Swedish Kroner 7.35 7.10
17. Swiss Franc 72.85 70.05
18. Turkish Lira 12.90 12.10
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 67.80 65.25
0. Korean Won 6.10 5.75

[F.No. 468/01/2019-Cus.V]

(Gunjan Kumar Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541

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