Customs Rate of Exchange of Foreign Currency Conversion wef 04.01.2019 notified vide Notification No. 02/2019 – Customs (N.T.) dated 3rd January, 2019.

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

Notification No.02/2019 – Customs (N.T.)

New Delhi, dated the 3rd January, 2019

13 Pausha, 1940 (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. 99/2018-CUSTOMS (N.T.), dated 20th December, 2018 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 4th January, 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 50.05 47.80
2. Bahraini Dinar 192.85 180.85
3. Canadian Dollar 52.60 50.65
4. Chinese Yuan 10.40 10.10
5. Danish Kroner 10.90 10.50
6. EURO 81.55 78.60
7. Hong Kong Dollar 9.15 8.80
8. Kuwaiti Dinar 239.75 224.45
9. New Zealand Dollar 47.90 45.75
10. Norwegian Kroner 8.20 7.90
11. Pound Sterling 89.95 86.75
12. Qatari Riyal 19.95 18.70
13. Saudi Arabian Riyal 19.40 18.15
14. Singapore Dollar 52.50 50.60
15. South African Rand 5. 00 4.70
16. Swedish Kroner 7.95 7.65
17. Swiss Franc 72.70 69.90
18. Turkish Lira 13.35 12.55
19. UAE Dirham 19.80 18.55
20. US Dollar 71.25 69.55

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 Exported
Goods)
1. Japanese Yen 66.90 64.45
11. Korean Won 6.45 6.05

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

(Dr. Sreeparvathy S.L.)
Under Secretary to the Govt. of India
TELE: 011-2309 5541

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