Exchange rate amendment sets revised Japanese yen conversion under customs notification, specifying applicability and legal basis for the change. The Central Government, invoking sub-section (2) of section 20 of the Indian Stamp Act, 1899 and sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962, amends Notification No. 9/93-N.T.-Cus. by substituting the Schedule entry at serial No. 11 to set the Japanese Yen exchange rate at 365.6000, effective from 22nd February, 1993.
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Exchange rate amendment sets revised Japanese yen conversion under customs notification, specifying applicability and legal basis for the change.
The Central Government, invoking sub-section (2) of section 20 of the Indian Stamp Act, 1899 and sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962, amends Notification No. 9/93-N.T.-Cus. by substituting the Schedule entry at serial No. 11 to set the Japanese Yen exchange rate at 365.6000, effective from 22nd February, 1993.
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