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of <h1>Customs Notification Amended: South African Rand Exchange Rate Updated for Imports at Rs. 4.70 and Exports at Rs. 4.40.</h1> The Central Board of Excise and Customs has amended Notification No. 96/2017-CUSTOMS (N.T.), dated 18th October 2017, effective from 28th October 2017. This amendment pertains to Schedule-I, specifically updating the exchange rate for the South African Rand. The revised rates are set at 4.70 Indian Rupees for imported goods and 4.40 Indian Rupees for export goods. This change is issued under the authority of the Customs Act, 1962, by the Ministry of Finance, Department of Revenue, Government of India.
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