| Date: |
01-08-2019
|
| Notification No: |
Notification No.55/2019 - Customs (N.T.)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
F.No. 468/01/2019-Cus.V |
| Subject: |
Exchange Rates Notification No.55/2019-Custom (NT) dated 01.08.2019
|
|
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
*****
Notification
No.55/2019 - Customs (N.T.)
New Delhi, dated the 1st August, 2019
10 Shravana, 1941 (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.52/2019-CUSTOMS (N.T.), dated 18th July, 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 2nd August, 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 |
48.65 |
46.45 |
| 2. |
Bahraini Dinar |
189.45 |
177.60 |
| 3. |
Canadian Dollar |
53.45 |
51.55 |
| 4. |
Chinese Yuan |
10.20 |
9.85 |
| 5. |
Danish Kroner |
10.40 |
10.05 |
| 6. |
EURO |
77.85 |
74.95 |
| 7. |
Hong Kong Dollar |
9.00 |
8.65 |
| 8. |
Kuwaiti Dinar |
234.60 |
219.85 |
| 9. |
New Zealand Dollar |
46.55 |
44.40 |
| 10. |
Norwegian Kroner |
7.95 |
7.65 |
| 11. |
Pound Sterling |
85.40 |
82.30 |
| 12. |
Qatari Riyal |
19.50 |
18.45 |
| 13. |
Saudi Arabian Riyal |
19.05 |
17.85 |
| 14. |
Singapore Dollar |
51.20 |
49.40 |
| 15. |
South African Rand |
5.00 |
4.65 |
| 16. |
Swedish Kroner |
7.25 |
7.00 |
| 17. |
Swiss Franc |
70.70 |
67.95 |
| 18. |
Turkish Lira |
12.80 |
12.00 |
| 19. |
UAE Dirham |
19.45 |
18.25 |
| 20. |
US Dollar |
70.00 |
68.30 |
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 |
64.55 |
62.10 |
| 2. |
Korean Won |
6.00 |
5.65 |
[F.No. 468/01/2019-Cus.V]
(Gunjan Kumar Verma)
Under Secretary to the
Govt. of India
TELE: 011-2309 5541
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