CBEC Makes Amendments to Notification Concerning Exchange Rates of Foreign Currency

CBEC Makes Amendments to Notification Concerning Exchange Rates of Foreign Currency

In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs(CBEC) hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 38/2015-CUSTOMS (N.T.) dated the 16th April, 2015 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S.O.1028(E) dated, the 16th April, 2015, namely:-

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

SCHEDULE-I

S.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.	Swiss Franc	68.95	67.15