GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

Notification No. 85/2019 - Customs (N.T.)

New Delhi, dated the 21st November, 2019
30 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.81/2019-CUSTOMS (N.T.), dated 7th 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 22nd 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

  • S1. 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 50.05 47.85
    2 Bahraini Dinar 196.90 184.75
    3 Canadian Dollar 55.00 53.05
    4 Chinese Yuan 10.35 10.05
    5 Danish Kroner 10.85 10.45
    6 EURO 81.15 78.15
    7 Hong Kong Dollar 9.35 9.00
    8 Kuwaiti Dinar 244.45 229.30
    9 New Zealand Dollar 47.35 45.20
    10 Norwegian Kroner 8.00 7.75
    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 US Dollar 72.00 70.30

SCHEDULE-II

  • S1. 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 Japanese Yen 66.70 64.25
    2 Korean Won 6.35 5.95



[F.No. 468/01/2019-Cus.V]

(Ruchi Bisht)
Under Secretary to the Govt. of India
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