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CBIC notifies Exchange rate of ‘South African Rand’ for Import & Export wef 13.06.2023 vide Notification No.42/2023- Customs (N.T.) Dated: 12th June, 2023.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
*****

Notification No.42/2023- Customs (N.T.) | Dated: 12th June, 2023

In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes the following amendments in the Central Board of Indirect Taxes and Customs Notification No.39/2023-CUSTOMS (N.T.), dated 1st June, 2023 with effect from 13th June, 2023.

In the SCHEDULE-I of the said Notification, for serial No.15 and the entries relating thereto, the following shall be substituted, namely: –

SCHEDULE-I

Sl.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
(a) (b)
(For Imported
Goods)
(For Export Goods)
15. South African Rand 4.55 4.25

[F.No.468/01/2023-Cus.V]

(Harish Kumar)

Under Secretary to the Govt. of India

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