Notification No.95/2020 – Customs (N.T.)


In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.88/2020-Customs(N.T.), dated 17th 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 2nd October, 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

54.10

51.75

2.

Bahraini Dinar

201.60

189.25

3.

Canadian Dollar               

56.40

54.45

4.

Chinese Yuan

11.00

10.70

5.

Danish Kroner

11.85

11.40

6.

EURO

88.05

84.90

7.

Hong Kong Dollar

9.70

9.35

8.

Kuwaiti Dinar

248.25

233.00

9.

New Zealand Dollar

50.15

47.85

10.

Norwegian Kroner

8.05

7.75

11.

Pound Sterling

96.95

93.60

12.

Qatari Riyal

20.90

19.60

13.

Saudi Arabian Riyal

20.25

19.05

14.

Singapore Dollar

54.95

53.10

15.

South African Rand

4.55

4.25

16.

Swedish Kroner

8.40

8.10

17.

Swiss Franc

81.70

78.55

18.

Turkish Lira

9.85

9.25

19.

UAE Dirham

20.70

19.45

20.

US Dollar

74.50

72.80

                                                                                                                               

                                                                   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 Goods)

  (For Export Goods)

1.

Japanese Yen

71.15

68.55

2.

Korean Won

6.55

6.15

 

****

RM/KMN



    Source PIB