Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Direct Tax »
Open DEMAT Account in 24 hrs
 CBDT drops small tax demands but not TCS, TDS claims
 ITR Refund: Awaiting money from Income Tax? Here's why you have not yet received your amount
 Income Tax Notice: What to do if you receive a Section 143 (1) notice from taxman?
 Average tax return processing time cut to 10 days: CBDT
 7 types of Income Tax Notice ITR filers may receive for AY 2023-24
 ITR filing: Do these advance preparations before filing your income tax return
 What are the strategies to maximize tax refunds after submitting an income tax return (ITR)?
 ITR filing: Tax rules on income from house property that your should know
 CBDT likely to issue rules on angel tax next week
 Pension Taxation: Everything you need to know for ITR filing
 Income tax guide on pension: How to file pension income in ITR?

Notification No.05/2020 - Central Board Of Indirect Taxes And Customs
January, 27th 2020
                           GOVERNMENT OF INDIA
                            MINISTRY OF FINANCE
                        (DEPARTMENT OF REVENUE)
            (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
                                    *****
                 Notification No.05/2020 - Customs (N.T.)

                                           New Delhi, dated the 16th January, 2020
                                                           26 Pausha 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.01/2020-CUSTOMS (N.T.), dated 2nd January, 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 17th January, 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         (For Exported
                                                 Goods)                Goods)
     1.     Australian Dollar                      50.10                 47.90
     2.     Bahraini Dinar                        194.00                181.95
     3.     Canadian Dollar                        55.30                 53.30
     4.     Chinese Yuan                           10.45                 10.15
     5.     Danish Kroner                          10.75                 10.40
     6.     EURO                                   80.50                 77.55
     7.     Hong Kong Dollar                       9.30                   8.95
     8.     Kuwaiti Dinar                         240.95                225.95
     9.     New Zealand Dollar                     48.30                 46.10
     10.    Norwegian Kroner                       8.15                   7.85
 11.       Pound Sterling                    94.05                90.75
 12.       Qatari Riyal                      20.10                18.85
 13.       Saudi Arabian Riyal               19.50                18.30
 14.       Singapore Dollar                  53.55                51.70
 15.       South African Rand                   5.10               4.75
 16.       Swedish Kroner                       7.60               7.35
 17.       Swiss Franc                       74.95                72.00
 18.       Turkish Lira                      12.40                11.65
 19.       UAE Dirham                        19.90                18.65
 20.                                         71.65                69.95
           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               65.65                   63.20
    2.                                     6.30                   5.90
               Korean Won
                                                       [F.No. 468/01/2020-Cus.V]




                                                                    (Jagvir Singh)
                                             Under Secretary to the Govt. of India
                                                           TELE: 011-2309 5541

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting