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 Notification No.72/2019 - Central Board Of Indirect Taxes And Customs
 
 
 
 

Notification No.72/2019 - Central Board Of Indirect Taxes And Customs
October, 03rd 2019
                           GOVERNMENT OF INDIA
                            MINISTRY OF FINANCE
                        (DEPARTMENT OF REVENUE)
            (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
                                    *****
                 Notification No.72/2019 - Customs (N.T.)

                                             New Delhi, dated the 3rd October, 2019
                                                            11 Asvina, 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.66/2019-CUSTOMS (N.T.), dated 19th September, 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 4th October, 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                      49.00                 46.85
     2.     Bahraini Dinar                        195.25                183.20
     3.     Canadian Dollar                        54.45                 52.55
     4.     Chinese Yuan                           10.15                  9.80
     5.     Danish Kroner                          10.65                 10.25
     6.     EURO                                   79.55                 76.65
     7.     Hong Kong Dollar                       9.25                   8.90
     8.     Kuwaiti Dinar                         242.40                227.35
     9.     New Zealand Dollar                     45.90                 43.80
     10.    Norwegian Kroner                       7.95                   7.65
 11.       Pound Sterling                   89.30                86.15
 12.       Qatari Riyal                     20.20                18.95
 13.       Saudi Arabian Riyal              19.65                18.40
 14.       Singapore Dollar                 52.45                50.65
 15.       South African Rand                  4.80               4.50
 16.       Swedish Kroner                      7.35               7.10
 17.       Swiss Franc                      72.85                70.05
 18.       Turkish Lira                     12.90                12.10
 19.       UAE Dirham                       20.05                18.80
 20.                                        72.15                70.45
           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               67.80                   65.25
    2.                                    6.10                   5.75
              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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