Exchange rate for imported goods updated: new yen conversion rate to apply from the announced effective date. Amendment substitutes the Schedule-II entry for serial No. 3 of Notification No. 14/97-NT-Cus., prescribing a new exchange rate for the Japanese Yen to be used for valuation of imported goods, exercised under powers conferred by the Indian Stamp Act and the Customs Act, and specifying the date from which that rate is to be applied for customs and related purposes.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate for imported goods updated: new yen conversion rate to apply from the announced effective date.
Amendment substitutes the Schedule-II entry for serial No. 3 of Notification No. 14/97-NT-Cus., prescribing a new exchange rate for the Japanese Yen to be used for valuation of imported goods, exercised under powers conferred by the Indian Stamp Act and the Customs Act, and specifying the date from which that rate is to be applied for customs and related purposes.
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