Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 19th April, 2019 notified vide Notification No. 32/2019–Customs (N.T.) dated 18th April, 2019.

Government Of India
Ministry of Finance
(Department Of Revenue)
(Central Board Of Indirect Taxes And Customs)

Notification No. 32/2019-Customs (N.T.)

New Delhi, dated the 18th April, 2019
28 Chaitra 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. 30/2019-CUSTOMS (N.T.), dated 4th April, 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 19th April, 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 51.10 48.85
2. Bahraini Dinar 190.50 178.60
3. Canadian Dollar 53.00 51.10
4. Chinese Yuan 10.55 10.20
5. Danish Kroner 10.70 10.30
6. EURO 80.00 77.05
7. Hong Kong Dollar 9.05 8.70
8. Kuwaiti Dinar 236.45 221.20
9. New Zealand Dollar 48.05 45.80
10. Norwegian Kroner 8.35 8.05
11. Pound Sterling 92.35 89.05
12. Qatari Riyal 19.75 18.50
13. Saudi Arabian Riyal 19.15 17.95
14. Singapore Dollar 52.30 50.45
15. South African Rand 5. 15 4.80
16. Swedish Kroner 7.65 7.40
17. Swiss Franc 70.20 67.50
18. Turkish Lira 12.45 11.70
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 63.30 60.95
0. Korean Won 6.30 5.90

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

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

More Under Custom Duty

Leave a Comment

Your email address will not be published.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