Exchange rate notification: amended conversion rate for South African Rand affecting import and export customs valuation. Amendment to customs exchange rates under authority of section 14 of the Customs Act, 1962 revises the rupee conversion values for the South African Rand with effect from 30th November, 2016, substituting the Schedule-I entry in Notification No.138/2016-CUSTOMS (N.T.) to specify distinct rates of exchange for imported goods and for exported goods to be used for customs valuation and related non-tariff procedures.
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Exchange rate notification: amended conversion rate for South African Rand affecting import and export customs valuation.
Amendment to customs exchange rates under authority of section 14 of the Customs Act, 1962 revises the rupee conversion values for the South African Rand with effect from 30th November, 2016, substituting the Schedule-I entry in Notification No.138/2016-CUSTOMS (N.T.) to specify distinct rates of exchange for imported goods and for exported goods to be used for customs valuation and related non-tariff procedures.
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