Japanese Yen Exchange Rate Revised to 69.65 and 67.90 from 65.50 and 63.85 w.e.f. 22 May 2012

[Customs Notification No. 44 (Non Tariff) dated 21st May 2012]

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 amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 38/2012-CUSTOMS (N.T.) dated the 26th April, 2012 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S. O. 9024 (E) dated, the 26th April, 2012, 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

S. No.

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

69.65

67.90

These rates will be effective from 22nd May, 2012.

[F. No. 468/8/2012-Cus.V]