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 further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 38/2015-CUSTOMS (N.T.) dated the 16th April, 2015 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S.O.1028(E) dated, the 16th April, 2015, namely:-

In the SCHEDULE-I of the said Notification, for Serial No. 15 and the entry 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	68.95	67.15

These rates will be effective from 06^th May, 2015.

Exchange rate notification: amendment sets revised Swiss franc import and export rates affecting customs valuation. Amendment under statutory delegation revises Schedule I by substituting Serial No. 15 to set distinct import and export exchange rates for the Swiss franc, and specifies the date from which those rates shall apply.