Date: |
17-09-2020
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Notification No: |
Notification No. 88/2020 - Customs (N.T.)
|
Issuing Authority: |
Indian Customs
|
Type: |
Non Tariff
|
File No: |
F.No. 468/01/2020-Cus.V |
Subject: |
Exchange Rate Notification No.88/2020-Cus (NT) dated 17.09.2020
|
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) *********** Notification No. 88/2020 - Customs (N.T.)
New Delhi, dated the 17th September, 2020
26 Bhadrapada 1942 (SAKA)
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962),
and in supersession of the Notification No.84/2020-Customs(N.T.), dated 3
rd September, 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 18th September, 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 |
54.75 |
52.45
|
2. |
Bahraini Dinar |
201.90 |
189.50
|
3. |
Canadian Dollar |
56.70 |
54.75
|
4. |
Chinese Yuan |
11.05 |
10.70
|
5. |
Danish Kroner |
11.85 |
11.45
|
6. |
EURO |
88.20 |
85.10
|
7. |
Hong Kong Dollar |
9.70 |
9.35
|
8. |
Kuwaiti Dinar |
249.15 |
233.80
|
9. |
New Zealand Dollar |
50.60 |
48.35 |
10. |
Norwegian Kroner |
8.25 |
7.95 |
11. |
Pound Sterling |
96.90 |
93.55
|
12. |
Qatari Riyal |
20.90 |
19.60 |
13. |
Saudi Arabian Riyal |
20.30 |
19.05 |
14. |
Singapore Dollar |
55.05 |
53.20 |
15. |
South African Rand |
4.65 |
4.35 |
16. |
Swedish Kroner |
8.45 |
8.20
|
17. |
Swiss Franc |
82.40 |
79.15 |
18. |
Turkish Lira |
10.15 |
9.55 |
19. |
UAE Dirham |
20.75 |
19.45 |
20. |
US Dollar |
74.60 |
72.90 |
SCHEDULE-II
Sl.No. |
Foreign Currency |
Rate of exchange of 100 unit of foreign currency
equivalent to Indian rupees |
(1) |
(2) |
(3) |
|
|
(a) |
(b) |
|
|
(For Imported Goods) |
(For Export Goods) |
1. |
Japanese Yen |
71.50 |
68.85 |
2. |
Korean Won |
6.45 |
6.05 |
[F.No. 468/01/2020-Cus.V]
(Radhakrishnan Ananth)
Deputy Secretary to Government of India
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