South African Rand Exchange Rate Revised to Rs. 6.10 from Rs. 6.45 w.e.f. 10 October 2012

[Customs Notification No. 93 (Non Tariff) dated 9th October 2012]

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. 91/2012-CUSTOMS (N.T.) dated the 4th October, 2012 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S. O. 2360(E) dated, the 4th October, 2012, namely:-

In the SCHEDULE-I of the said Notification, for Serial No. 13 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)

13.

South African Rand

6.10

6.05 (i.e. no change)

These rates will be effective from 10th October, 2012.

[F. No. 468/16/2012-Cus.V]