CUS NTF NO. 47/2016 (NT) DATE 04/04/2016
Amendments 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 and Customs hereby makes the following amendments in the Notification of the Central Board of Excise and Customs No. 41/2016-CUSTOMS (N.T.), dated 17th March, 2016, with effect from 05th April, 2016, namely:-
In the SCHEDULE-I of the said Notification, for serial No.12 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 | 4.65 | 4.40 |
[F.No468/01/2016-Cus.V]
(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541
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