The Central Board of Indirect Taxes and Customs (CBIC) on June 12, 2023, issued a notification regarding the amendment to notification No. 39/2023 dated June 01, 2023, related to the Foreign Exchange Rate for Imported and Exported Goods
This shall come into effect from June 13, 2023
The following has been amended namely: -
• In the SCHEDULE-I of the said Notification, for serial No.15 which states “South African Rand” and the entries relating thereto, the following shall be substituted, namely: -
“15”, “South African Rand” For Imported Goods – “4.55” For Exported Goods “4.25”.
[Notification No.42/2023- Customs (N.T.)]
