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Central Board of Indirect Taxes and Customs Notifies Exchange Rate

Press Information Bureau 
Government of India
Ministry of Finance
18-April-2019 19:40 IST

CBIC notifies Exchange Rate 

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.30/2019-CUSTOMS (N.T.), dated 4th April, 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 19thApril, 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.
CBIC+notifies+Exchange+Rate

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 51.10 48.85
2. Bahraini Dinar 190.50 178.60
3. Canadian Dollar 53.00 51.10
4. Chinese Yuan 10.55 10.20
5. Danish Kroner 10.70 10.30
6. EURO 80.00 77.05
7. Hong Kong Dollar 9.05 8.70
8. Kuwaiti Dinar 236.45 221.20
9. New Zealand Dollar 48.05 45.80
10. Norwegian Kroner 8.35 8.05
11. Pound Sterling 92.35 89.05
12. Qatari Riyal 19.75 18.50
13. Saudi Arabian Riyal 19.15 17.95
14. Singapore Dollar 52.30 50.45
15. South African Rand 5. 15 4.80
16. Swedish Kroner 7.65 7.40
17. Swiss Franc 70.20 67.50
18. Turkish Lira 12.45 11.70
19. UAE Dirham 19.55 18.35
20. US Dollar 70.40 68.70

 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 63.30 60.95
2. Korean Won 6.30 5.90
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