South African Rand Exchange Rate Revised to Rs. 4.95 w.e.f. from 30 Apr. 2022

[Notification No.38/2022 - Customs (N.T.) dated 29 April 2022]

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes the following amendments in the Central Board of Indirect Taxes and Customs Notification No.34/2022-CUSTOMS (N.T.), dated 21st April, 2022 with effect from 30th April, 2022.

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

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)

15.

South African Rand

4.95

4.65

[F.No.468/01/2022-Cus.V]