CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 21.08.2020 vide Notification No. 80/2020-Customs (N.T.), Dated: 20th August, 2020.

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

Notification No. 80/2020-Customs (N.T.)

New Delhi, dated the 20th August, 2020
29 Shravana, 1942 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.69/2020-Customs(N.T.), dated 6th August, 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 21st August, 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 Exported Goods)
1. Australian Dollar 55.15 52.80
2. Bahraini Dinar 205.40 192.85
3. Canadian Dollar 57.80 55.75
4. Chinese Yuan 11.00 10.70
5. Danish Kroner 12.15 11.70
6. EURO 90.50 87.30
7. Hong Kong Dollar 9.85 9.50
8. Kuwaiti Dinar 253.70 238.05
9. New Zealand Dollar 50.60 48.30
10. Norwegian Kroner 8.55 8.25
11. Pound Sterling 100.00 96.65
12. Qatari Riyal 21.20 19.80
13. Saudi Arabian Riyal 20.65 19.40
14. Singapore Dollar 55.75 53.85
15. South African Rand 4.50 4.20
16. Swedish Kroner 8.75 8.45
17. Swiss Franc 83.65 80.45
18. Turkish Lira 10.60 9.95
19. UAE Dirham 21.10 19.80
20. US Dollar 75.90 74.15

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 72.10 69.45
2. Korean Won 6.55 6.15

[F.No. 468/0 1/2020-Cus.V]

(Rathakrishnan Ananth)
Deputy Secretary to the Govt. of India

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