Rupee Gains 20 paise to Rs. 4.10 against South African Rand for Imports

[Customs Notification No. 12 (Non Tariff) dated 12th January 2016]

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

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

4.10

3.85

[F.No 468/01/2016-Cus.V]