CUS NTF NO. 12/2016 (NT) DATE 12/01/2016
Changes in exchange rate for South African Rand
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby makes the following amendments in the Notification of the Central Board of Excise and Customs No.02/2016-CUSTOMS (N.T.), dated 07th January, 2016, with effect from 13th January, 2016, namely:-
In the SCHEDULE-I of the said Notification for serial No.9 and the entries relating thereto, the following shall be substituted, namely
SCHEDULE-I
| S.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 Export Goods) |
|---|
| 12. | South African Rand | 4.10 | 3.85 |
[F.No468/01/2016-Cus.V]
(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541
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