Exchange Rates Notification-Govt of India-20/08/2020

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 No.69/2020-Customs(N.T.), dated 6th August, 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 21st August, 2020,

advtanmoy 20/08/2020 2 minutes read

Ministry of Finance

No.80/2020-Customs (NT)

Date: 20 AUG 2020 5:53PM

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.69/2020-Customs(N.T.), dated 6^th August, 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 21^st August, 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	55.15	52.80
2.	Bahraini Dinar	205.40	192.85
3.	Canadian Dollar	57.80	55.75
4.	Chinese Yuan	11.00	10.70
5.	Danish Kroner	12.15	11.70
6.	EURO	90.50	87.30
7.	Hong Kong Dollar	9.85	9.50
8.	Kuwaiti Dinar	253.70	238.05
9.	New Zealand Dollar	50.60	48.30
10.	Norwegian Kroner	8.55	8.25
11.	Pound Sterling	100.00	96.65
12.	Qatari Riyal	21.20	19.80
13.	Saudi Arabian Riyal	20.65	19.40
14.	Singapore Dollar	55.75	53.85
15.	South African Rand	4.50	4.20
16.	Swedish Kroner	8.75	8.45
17.	Swiss Franc	83.65	80.45
18.	Turkish Lira	10.60	9.95
19.	UAE Dirham	21.10	19.80
20.	US Dollar	75.90	74.15

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	72.10	69.45
2.	Korean Won	6.55	6.15