CBEC changes the Exchange Rate of "YEN" for Valuation of Import & Export

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE & CUSTOMS

Notification No. 17/2013-Customs (N. T.)

Dated the 31^st January, 2013

11 Magha, 1934 (SAKA)

            S. O.    (E). – In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Board hereby makes the following amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 5/2013-CUSTOMS (N. T.), dated the 17^thJanuary, 2013 S.O. 190 (E),  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	59.60	58.00

The rates will be effective from 31^st January, 2013.

[F. No. 468/2/2013-Cus.V]

UNDER SECRETARY TO THE GOVT. OF INDIA.

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