Rupee Falls against South African Rand by 25 Paise

[Customs Notification No. 17 (Non Tariff) dated 1st 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 21stJanuary, 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

SNo.

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