prpri CBIC notifies Rate of Exchange of Foreign Currencies wef 18.12.2020 CBIC notifies Rate of Exchange of Foreign Currencies wef 18.12.2020

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 18th December, 2020, vide Notification No. 113/2020-Customs (N.T.), Dated: 17th November, 2020.

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

Notification No. 113/2020 – Customs (N.T.)

New Delhi, dated the 17th December, 2020
26 Agrahayana 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. 110/2020-Customs(N.T.), dated 3rd December, 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 18th December, 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 57.05 54.70
2. Bahraini Dinar 201.70 188.95
3. Canadian Dollar 58.90 56.80
4. Chinese Yuan 11.45 11.10
5. Danish Kroner 12.30 11.85
6. EURO 91.50 88.25
7. Hong Kong Dollar 9.65 9.30
8. Kuwaiti Dinar 249.60 233.70
9. New Zealand Dollar 53.85 51.50
10. Norwegian Kroner 8.65 8.35
11. Pound Sterling 101.25 97.85
12. Qatari Riyal 20.85 19.60
13. Saudi Arabian Riyal 20.25 19.00
14. Singapore Dollar 56.40 54.50
15. South African Rand 5.15 4.80
16. Swedish Kroner 9.00 8.65
17. Swiss Franc 84.90 81.45
18. Turkish Lira 9.75 9.15
19. UAE Dirham 20.70 19.40
20. US Dollar 74.45 72.75

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)
Japanese Yen 72.55 69.85
Korean Won 6.95 6.55

[F.No. 468/01/2020-Cus.V]

(Bullo Mamu)
Under Secretary to the Govt. of India

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