Rupee Falls
against Yen to 55.20 from 52.30 for Customs Valuation on Imports w.e.f. 18.12.2014
[Customs
Notification No. 115 (Non Tariff) dated 17th
December 2014]
In exercise of
the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the
Central Board of Excise & Customs hereby makes the following further
amendments in the Notification of the Government of India, Ministry of Finance
(Department of Revenue) No. 113/2014-CUSTOMS (N.T.) dated the 4th
December, 2014 published in the Gazette Of India, Part-II, Section 3,
Sub-Section (ii), Extraordinary vide number S.O.3066 (E) dated, the 4th
December, 2014, namely:-
In the
SCHEDULE-II of the said Notification, for Serial No. 1 and the entries relating
thereto, the following shall be substituted, namely:-
|
Schedule-II |
|||
|
SNo.
|
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) |
|
1. |
Japanese Yen |
55.20 |
53.90 |
These rates
will be effective from 18th December, 2014.
[F. No.
468/01/2014-Cus.V]
[Corrigendum to 115-Cus(NT)/17.12.2014
dated 18th December 2014]
In
the notification of the Government of India in the Ministry of Finance
(Department of Revenue), No. 115/2014-CUSTOMS (N.T.) dated the 17th December,
2014 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii),
Extraordinary, vide number S.O.3205 (E) dated, the 17th December, 2014, In the
Schedule II, in Column (3), for “Rate of exchange of one unit of foreign
currency equivalent to Indian rupees” read “Rate of exchange of 100
units of foreign currency equivalent to Indian rupees”.
[F.
No. 468/01/2014-Cus.V]