CUS NTF NO. 17/2016 (NT) DATE 01/02/2016
Amendment in the South African Rand rate of exchange of conversion of the foreign currency with effect from 2nd February, 2016
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.14/2016-CUSTOMS (N.T.), dated 21st January, 2016, with effect from 2nd February, 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
| Sl.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 | 4.40 | 4.15 |
[F.No468/01/2016-Cus.V]
(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541
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