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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. 09/2015-CUSTOMS (N.T.) dated the 15th January, 2015 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S.O.167(E) dated, the 15th January, 2015, 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
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) |
15. | Swiss Franc | 72.15 | 70.35 |
These rates will be effective from 20th January, 2015.
Exchange rate notification: amended Swiss Franc customs rates for imports and exports, effective as notified under Customs Act. Amendment under the Customs Act substitutes the Schedule entry for Swiss Franc to prescribe separate rupee conversion rates for imported goods and for export goods and declares the date from which those rates apply, thereby directing that customs valuation and related processes use the revised Schedule figures.Press 'Enter' after typing page number.