CBEC specifies the Conversion rate of YEN for valuation purposes

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

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 36/2013 - Customs (N.T.)

Dated the 10^th April, 2013

20 Chaitra, 1935 (SAKA)

            S. O…. (E). – In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 35/2013-CUSTOMS (N.T.) dated the 4^th April, 2013 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S.O. 925(E) dated, the 4^th April, 2013, 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 one unit of foreign currency equivalent to Indian rupees
(1)	(2)	(3)
		(a)	(b)
		(For Imported Goods)	(For Export Goods)
1.	Japanese Yen	55.60	54.15

These rates will be effective from 11^th April, 2013.

 [F. No. 468/03/2013-Cus.V]

(ABHINAV GUPTA)

Under Secretary to the Government of India

Telephone No. 011-2309 4610