Exchange Rate Notification No.113/2020 – 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.110/2020-Customs(N.T.), dated 3rd December, 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 December, 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 CurrencyRate 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 Dollar57.0554.70
2.Bahraini Dinar201.70188.95
3.Canadian Dollar               58.9056.80
4.Chinese Yuan11.4511.10
5.Danish Kroner12.3011.85
6.EURO91.5088.25
7.Hong Kong Dollar9.659.30
8.Kuwaiti Dinar249.60233.70
9.New Zealand Dollar53.8551.50
10.Norwegian Kroner8.658.35
11.Pound Sterling101.2597.85
12.Qatari Riyal20.8519.60
13.Saudi Arabian Riyal20.2519.00
14.Singapore Dollar56.4054.50
15.South African Rand5.154.80
16.Swedish Kroner9.008.65
17.Swiss Franc84.9081.45
18.Turkish Lira9.759.15
19.UAE Dirham20.7019.40
20.US Dollar74.4572.75

                                                                                                                               

                                                                  SCHEDULE-II                                      

Sl. No.Foreign CurrencyRate 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 Yen72.5569.85
2.Korean Won6.956.55

 

RM/KMN  /    (Release ID: 1681438)

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