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In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.41/2020-Customs(N.T.), dated 6th  May, 2020 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 22nd May, 2020, 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

50.90

48.65

2.

Bahraini Dinar

207.20

194.20

3.

Canadian Dollar               

55.30

53.45

4.

Chinese Yuan

10.80

10.50

5.

Danish Kroner

11.35

10.95

6.

EURO

84.55

81.50

7.

Hong Kong Dollar

9.95

9.60

8.

Kuwaiti Dinar

253.30

237.50

9.

New Zealand Dollar

47.70

45.50

10.

Norwegian Kroner

7.75

7.50

11.

Pound Sterling

94.05

90.80

12.

Qatari Riyal

21.30

20.00

13.

Saudi Arabian Riyal

20.80

19.55

14.

Singapore Dollar

54.40

52.60

15.

South African Rand

4.35

4.05

16.

Swedish Kroner

8.00

7.75

17.

Swiss Franc

79.90

76.90

18.

Turkish Lira

11.50

10.80

19.

UAE Dirham

21.30

20.00

20.

US Dollar

76.60

74.90

                                                                                                                               

 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

71.65

69.10

2.

Korean Won

6.35

5.95

 

****

Exchange Rate Notification No.46/2020 - Customs (N.T.)
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