Exchange rate amendment updates Japanese Yen rupee equivalents for customs import and export valuation, effective from the notified date. Under the authority of Section 14 of the Customs Act, 1962, the Central Board of Indirect Taxes and Customs substitutes the Serial No. 01 entry in Schedule-II of the prior exchange rate notification to revise the rupee equivalents for the Japanese Yen, specifying separate rates for imported and exported goods and taking effect from the operative date stated in the notification.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate amendment updates Japanese Yen rupee equivalents for customs import and export valuation, effective from the notified date.
Under the authority of Section 14 of the Customs Act, 1962, the Central Board of Indirect Taxes and Customs substitutes the Serial No. 01 entry in Schedule-II of the prior exchange rate notification to revise the rupee equivalents for the Japanese Yen, specifying separate rates for imported and exported goods and taking effect from the operative date stated in the notification.
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