Japanese Yen Rises by Rs. 3.85 to Rs. 65.25 per 100 Yen

[Customs Notification No. 89 (Non Tariff) dated 24th June 2016]

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendments in the Notification of the Central Board of Excise and Customs No.87/2016-CUSTOMS (N.T.), dated 16th June, 2016, with effect from 25th June, 2016, 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 100 units of foreign currency equivalent to Indian rupees

(1)

(2)

(3)

(a)

(b)

(For Imported Goods)

(For Export Goods)

1.

Japanese Yen

69.10

66.85

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