Customs exchange rate update sets revised import and export rupee conversion rates for South African Rand effective mid-August. The Central Board of Indirect Taxes and Customs, invoking powers under the Customs Act, substitutes the serial No.15 entry in Schedule I of Notification No.67/2018-Customs (N.T.) to revise the rupee conversion rates for the South African Rand, specifying distinct rates for imported goods and for export goods and making the amendment operative from the date stated.