South African Rand Exchange Rate for Customs Valuation w.e.f. 28 October 2017

[Customs Notification No. 98 (Non Tariff) dated 27 October 2017]

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.96/2017-CUSTOMS (N.T.), dated 18th October, 2017, with effect from 28th October, 2017, namely:-

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

4.70

4.40

[F.No.468/01/2017-Cus.V]