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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
NEW DELHI

NOTIFICATION NO

55/2020-CUSTOMS (N.T.), Dated: July 02, 2020

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.53/2020-Customs (N.T.), dated 18th June, 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 3rd July, 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)
(1)
(3)
(a)
(b)
(For Imported Goods)
(For Exported Goods)
1.
Australian Dollar
53.45
51.15
2.
Bahraini Dinar
206.70
193.70
3.
Canadian Dollar
56.50
54.60
4.
Chinese Yuan
10.85
10.55
5.
Danish Kroner
11.60
11.20
6.
EURO
86.60
83.55
7.
Hong Kong Dollar
9.90
9.55
8.
Kuwaiti Dinar
253.60
237.75
9.
New Zealand Dollar
50.35
48.05
10.
Norwegian Kroner
8.10
7.80
11.
Pound Sterling
96.00
92.75
12.
Qatari Riyal
21.25
19.95
13.
Saudi Arabian Riyal
20.80
19.50
14.
Singapore Dollar
55.10
53.30
15.
South African Rand
4.60
4.30
16.
Swedish Kroner
8.25
8.00
17.
Swiss Franc
81.40
78.35
18.
Turkish Lira
11.35
10.70
19.
UAE Dirham
21.25
19.95
20.
US Dollar
76.40
74.70

SCHEDULE-II

Sl. No.
Foreign Currency
Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)
(1)
(3)
(a)
(b)
(For Imported Goods)
(For Exported Goods)
1.
Japanese Yen
71.60
69.00
2.
Korean Won
6.50
6.10

[F.No. 468/01/2020-Cus.V]

(Radhakrishnan Ananth)
Deputy Secretary to the Govt. of India

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