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Notification No.88/2019 Central Board Of Indirect Taxes And Customs
December, 06th 2019
                           GOVERNMENT OF INDIA
                            MINISTRY OF FINANCE
                        (DEPARTMENT OF REVENUE)
            (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
                                    *****
                 Notification No.88/2019 - Customs (N.T.)

                                           New Delhi, dated the 5th December, 2019
                                                       14 Agrahayana 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.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         (For Exported
                                                 Goods)                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.                                         72.40                70.70
           US Dollar







                                  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             (For Export
                                          Goods)                   Goods)
    1.         Japanese Yen               66.95                   64.50
    2.                                     6.20                   5.80
               Korean Won
                                                       [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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