Exchange rate revision for South African Rand updates import and export conversion rates effective from specified date. Amendment to the customs exchange rate schedule substitutes the South African Rand entry in Schedule I, specifying distinct rupee equivalents for imported and exported goods under the authority of section 14 of the Customs Act, 1962, and fixing the revised rates to take effect from the stated operative date for use in customs valuation and related statutory calculations.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate revision for South African Rand updates import and export conversion rates effective from specified date.
Amendment to the customs exchange rate schedule substitutes the South African Rand entry in Schedule I, specifying distinct rupee equivalents for imported and exported goods under the authority of section 14 of the Customs Act, 1962, and fixing the revised rates to take effect from the stated operative date for use in customs valuation and related statutory calculations.
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