Rupee Gains by 30 paise against Dollar,
Pegged at Rs. 72.40 w.e.f.
6 December 2019
[Notification No.88/2019 - Customs (N.T.) dated 5 December 2019]
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.85/2019-CUSTOMS (N.T.), dated 21st
November, 2019 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
6th December, 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 |
50.10 |
47.85 |
|
2. |
Bahraini Dinar |
195.95 |
183.80 |
|
3. |
Canadian Dollar |
55.25 |
53.30 |
|
4. |
Chinese
Yuan |
10.30 |
10.00 |
|
5. |
Danish
Kroner |
10.80 |
10.40 |
|
6. |
EURO |
80.80 |
77.85 |
|
7. |
Hong Kong
Dollar |
9.30 |
8.95 |
|
8. |
Kuwaiti
Dinar |
243.20 |
228.10 |
|
9. |
New Zealand Dollar |
48.10 |
45.90 |
|
10. |
Norwegian Kroner |
7.95 |
7.65 |
|
11. |
Pound Sterling |
95.50 |
92.20 |
|
12. |
Qatari
Riyal |
20.30 |
19.05 |
|
13. |
Saudi Arabian Riyal |
19.70 |
18.50 |
|
14. |
Singapore Dollar |
53.40 |
51.60 |
|
15. |
South African Rand |
5.05 |
4.75 |
|
16. |
Swedish
Kroner |
7.65 |
7.40 |
|
17. |
Swiss Franc |
73.85 |
71.00 |
|
18. |
Turkish Lira |
12.80 |
12.05 |
|
19. |
UAE
Dirham |
20.10 |
18.85 |
|
20. |
US
Dollar |
72.40 |
70.70 |
|
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 |
66.95 |
64.50 |
|
|
2. |
Korean
Won |
6.20 |
5.80 |
|
[F.No. 468/01/2019-Cus.V]