Date: |
20-12-2018
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Notification No: |
Notification No.99/2018 - Customs (N.T.)
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Issuing Authority: |
Indian Customs
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Type: |
Non Tariff
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File No: |
[F.No. 468/01/2018-Cus.V] |
Subject: |
Exchange Rates Notification No.99/2018-Custom(NT) dated 20.12.2018
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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
29 Agrahayana 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.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 |
7.60 |
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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