SFR Ups 17.4% to Reach Rs. 72.15 for Import Valuation, Euro and SFR at almost Same Rate!

[Customs Notification No. 11 (Non Tariff) dated 19^th January 2015]

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 further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 09/2015-CUSTOMS (N.T.) dated the 15^th January, 2015 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S.O.167(E) dated, the 15^th January, 2015, namely:-

In the SCHEDULE-I of the said Notification, for Serial No. 15 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)
15.	Swiss Franc	72.15	70.35

These rates will be effective from 20^th January, 2015.

[F. No. 468/01/2015-Cus.V]