Exchange Rate Notification with effect from 13th January, 2016 which seeks to amend Notification No. 02/2016-Cus (NT) dt. 07-01-2016

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
Notification No. 12/2016 - Customs (N.T.)
Dated the 12th January, 2016

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 amendments in the Notification of the Central Board of Excise and Customs No.02/2016-CUSTOMS (N.T.), dated 07th  January, 2016, with effect from 13th  January, 2016, namely:-
In the SCHEDULE-I of the said Notification for serial No.9 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 4.10 3.85
         

 
                                                                                                 [F.No468/01/2016-Cus.V]         
                                                                   (Kshitendra Verma)
Under Secretary to the Govt. of India
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