Customs Rate of Exchange of Foreign Currency Conversion wef 21.12.2018 notified vide Notification No. 99/2018 – Customs (N.T.) dated 20th December, 2018.

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

Notification No.99/2018 – Customs (N.T.)

New Delhi, dated the 20th December, 2018

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. 96/2018-CUSTOMS (N.T.), dated 6th 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 21st December, 2018, 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 51.25 49.15
2. Bahraini Dinar 193.40 181.40
3. Canadian Dollar 53.20 51.40
4. Chinese Yuan 10.40 10.05
5. Danish Kroner 10.95 10.55
6. EURO 81.80 78.80
7. Hong Kong Dollar 9.20 8.85
8. Kuwaiti Dinar 239.95 224.70
9. New Zealand Dollar 48.95 46.75
10. Norwegian Kroner 8.25 7.95
11. Pound Sterling 90.75 87.55
12. Qatari Riyal 20.00 18.80
13. Saudi Arabian Riyal 19.45 18.20
14. Singapore Dollar 52.35 50.55
15. South African Rand 5. 05 4.75
16. Swedish Kroner 7.90 7.90
17. Swiss Franc 72.35 69.60
18. Turkish Lira 13.75 12.90
19. UAE Dirham 19.85 18.60
20. US Dollar 71.45 69.75

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 Exported
Goods)
1. Japanese Yen 64.00 61.65
2. Korean Won 6.45 6.05

[F.No. 468/01/2018-Cus.V]

(Dr. Sreeparvathy S.L.)

Under Secretary to the Govt. of India

TELE: 011-2309 5541

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