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        Customs

        Amendments in Notification No. 41/2016-CUSTOMS (N.T.), dated 17th March, 2016, with effect from 05th April, 2016 - 47/2016 - Customs - Non Tariff

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        Exchange Rate Revision adjusts INR conversion rates for South African Rand for import and export valuations under customs notification. The notification amends Schedule I of Notification No.41/2016 CUSTOMS (N.T.) by substituting serial No.12 to set the rate of exchange for one unit of the South African Rand at 4.65 for imported goods and 4.40 for export goods, effective from 05 April 2016.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Exchange Rate Revision adjusts INR conversion rates for South African Rand for import and export valuations under customs notification.

                            The notification amends Schedule I of Notification No.41/2016 CUSTOMS (N.T.) by substituting serial No.12 to set the rate of exchange for one unit of the South African Rand at 4.65 for imported goods and 4.40 for export goods, effective from 05 April 2016.


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