News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax | PPE Safety Kit SITRA Approved | PPE Safety Kit
Latest Circulars »
  Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
  Master Circular - Disbursement of Government Pension by Agency Banks
 Master Circular on SHG-Bank Linkage Programme
 Exempt allowances for salaried taxpayers in New Tax Regime
 Floating Rate Savings Bonds, 2020 (Taxable)- FRSB 2020 (T) - Operational Guidelines
 RBI-Floating Rate Savings Bonds 2020 (Taxable)
 Section 42(1) of the Reserve Bank of India Act, 1934 - Change in Minimum Daily Maintenance of the Cash Reserve Requirement
 Loans Sourced by Banks and NBFCs over Digital Lending Platforms: Adherence to Fair Practices Code and Outsourcing Guidelines
 Reserve Bank sensitises members of public on safe use of digital transactions
 Auction of Government of India Dated Securities June 22, 2020
 Assignment of Risk Weights on Credit Facilities (Guaranteed Emergency Credit Line) under the Emergency Credit Line Guarantee Scheme

Notification No.81/2019 Central Board Of Indirect Taxes And Customs
November, 11th 2019
                           GOVERNMENT OF INDIA
                            MINISTRY OF FINANCE
                        (DEPARTMENT OF REVENUE)
            (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
                                    *****
                 Notification No.81/2019 - Customs (N.T.)

                                          New Delhi, dated the 7th November, 2019
                                                           16 Kartika, 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.76/2019-CUSTOMS (N.T.), dated 17th October, 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 8th November, 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                      50.00                 47.80
     2.     Bahraini Dinar                        194.85                 182.80
     3.     Canadian Dollar                        54.90                 52.95
     4.     Chinese Yuan                           10.30                 10.00
     5.     Danish Kroner                          10.70                 10.35
     6.     EURO                                   80.15                 77.20
     7.     Hong Kong Dollar                       9.25                   8.90
     8.     Kuwaiti Dinar                         241.90                 226.85
     9.     New Zealand Dollar                     46.45                 44.25
     10.    Norwegian Kroner                       7.90                   7.60
 11.       Pound Sterling                    93.00                89.75
 12.       Qatari Riyal                      20.20                18.90
 13.       Saudi Arabian Riyal               19.60                18.40
 14.       Singapore Dollar                  53.20                51.40
 15.       South African Rand                   4.95               4.65
 16.       Swedish Kroner                       7.50               7.25
 17.       Swiss Franc                       73.10                70.30
 18.       Turkish Lira                      12.75                11.95
 19.       UAE Dirham                        20.00                18.75
 20.                                         72.00                70.30
           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                66.70                  64.25
    2.                                     6.35                   5.95
               Korean Won
                                                       [F.No. 468/01/2019-Cus.V]




                                                                     (Ruchi Bisht)
                                             Under Secretary to the Govt. of India
                                                             TELE: 011-2309 5541

Home | About Us | Terms and Conditions | Contact Us | PPE Kit SITRA Approved | PPE Safety Kit
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting