Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 17th June, 2019 notified vide Notification No. 45/2019–Customs (N.T.) dated 20th June, 2019.

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

Notification No. 45/2019-Customs (N.T.)

New Delhi, dated the 20th June, 2019
30 Jyaistha, 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. 40/2019-CUSTOMS (N.T.), dated 6th June, 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 17th June, 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 49.10 46.90
2. Bahraini Dinar 190.50 178.60
3. Canadian Dollar 53.50 51.55
4. Chinese Yuan 10.25 9.95
5. Danish Kroner 10.70 10.30
6. EURO 79.85 76.90
7. Hong Kong Dollar 9.05 8.75
8. Kuwaiti Dinar 236.40 221.60
9. New Zealand Dollar 47.00 44.80
10. Norwegian Kroner 8.15 7.90
11. Pound Sterling 89.80 86.60
12. Qatari Riyal 19.75 18.50
13. Saudi Arabian Riyal 19.15 17.95
14. Singapore Dollar 52.05 50.25
15. South African Rand 5.00 4.70
16. Swedish Kroner 7.50 7.25
17. Swiss Franc 71.65 68.85
18. Turkish Lira 12.40 11.60
19. UAE Dirham 19.55 18.35
20. US Dollar 70.40 68.70

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 65.85 63.35
2. Korean Won 6.15 5.75

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

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

More Under Custom Duty

One Comment

  1. Ashok Duggal says:

    You have posted Customs 45NT dated 20.6.2019 which is wrong. The date of effective should be 21.6.2019 and NOT 17.6.2019 as mentioned in the notification.
    Please correct the notification IMMEDIATELY.
    Thanks

Leave a Comment

Your email address will not be published.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