Exchange rate adjustment for South African Rand: revised import and export conversion rates take effect under customs notification. Pursuant to section 14 of the Customs Act, 1962, Notification No.38/2022 substitutes serial No.15 in Schedule I of Notification No.34/2022-CUSTOMS (N.T.) to prescribe the rupee exchange rates for one unit of the South African Rand for imported goods and for exported goods; the amendment is effective from 30th April, 2022 and updates the Schedule I entries used for customs valuation.
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Exchange rate adjustment for South African Rand: revised import and export conversion rates take effect under customs notification.
Pursuant to section 14 of the Customs Act, 1962, Notification No.38/2022 substitutes serial No.15 in Schedule I of Notification No.34/2022-CUSTOMS (N.T.) to prescribe the rupee exchange rates for one unit of the South African Rand for imported goods and for exported goods; the amendment is effective from 30th April, 2022 and updates the Schedule I entries used for customs valuation.
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