In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby make the following amendments in the Notification of the Central Board of Indirect Taxes and Customs No.20/2020-CUSTOMS (N.T.), dated 5th March, 2020 with effect from 10th March, 2020, 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

Sl.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 Exported Goods)
1.	Japanese Yen	73.55	70.80

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RM/KMN

Exchange rate adjustment updates official currency conversion for customs valuation, affecting import and export duty computation. Amendment to the customs exchange rate schedule substitutes the Schedule II entry for Japanese Yen, revising the official rate of exchange to be applied separately for imported and exported goods, effective from the stated date, thereby changing rupee-equivalent valuation for customs assessment.