CBEC Exchange Rate Notification No 124/ 2016 – Customs (NT) 06-10-2016

CBEC Notification No 124/ 2016 – Customs (NT), Dated: October 6, 2016

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.121/2016-CUSTOMS (N.T.), dated 15 th September, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and  Schedule II annexed hereto, into Indian currency or  vice versa,  shall, with effect from 07 th October, 2016, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

SCHEDULE-I

SCHEDULE-II

[F.No. 468/01/2016-Cus.V]

(Kshitendra Verma)
Under Secretary to the Govt. of India

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