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of <h1>New Exchange Rates for Customs: Convert Foreign Currencies to Indian Rupees, Effective November 22, 2019, per Notification 85/2019.</h1> Notification No. 85/2019-Customs (N.T.) issued by the Central Board of Indirect Taxes and Customs on November 21, 2019, establishes the exchange rates for converting specified foreign currencies into Indian rupees for imported and exported goods. Effective from November 22, 2019, this notification supersedes the previous notification No. 81/2019. The exchange rates are detailed in two schedules: Schedule I lists rates for individual foreign currencies, while Schedule II provides rates for 100 units of certain currencies. This notification is crucial for determining customs duties on imports and exports.
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