Rupee Falls against South African Rand by 30 Paise

[Customs Notification No. 122 (Non Tariff) dated 22nd September 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.121/2016-CUSTOMS (N.T.), dated 15th September, 2016, with effect from 23rd September, 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

5.10

4.75

[F.No468/01/2016-Cus.V]