Exchange rate amendment for South African Rand updates customs valuation for imports and exports from the notified effective date. The Central Board of Excise and Customs has amended Schedule I of Notification No.113/2017 CUSTOMS (N.T.) to substitute the serial entry for South African Rand, prescribing revised rupee equivalents for one unit of that foreign currency to be used for customs valuation of imported and exported goods, with effect from the notified effective date.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate amendment for South African Rand updates customs valuation for imports and exports from the notified effective date.
The Central Board of Excise and Customs has amended Schedule I of Notification No.113/2017 CUSTOMS (N.T.) to substitute the serial entry for South African Rand, prescribing revised rupee equivalents for one unit of that foreign currency to be used for customs valuation of imported and exported goods, with effect from the notified effective date.
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