Exchange Rates Notification No. 27/2020-Custom (NT) dated 13.03.2020 Notifying Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 20th March, 2020.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
New Delhi, dated the 19th March, 2020
29 Phalguna 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. 20/2020-CUSTOMS (N.T.), dated 5th March, 2020 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 20th March, 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.
|Sl.No.||Foreign Currency||Rate of exchange of one unit of foreign currency equivalent to Indian rupees|
|7.||Hong Kong Dollar||9.80||9.45|
|9.||New Zealand Dollar||42.85||40.75|
|13.||Saudi Arabian Riyal||20.60||19.35|
|15.||South African Rand||4.45||4.15|
|Sl.No.||Foreign Currency||Rate of exchange of 100 units of foreign currency equivalent to Indian rupees|
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