Customs Notification No- 44/2012 (NT) dated 21.05.2012
Amendments in the rate of exchange for the Japanese Yen effective from 22nd May, 2012

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 amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 38/2012-CUSTOMS (N.T.) dated the 26th April, 2012 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S. O. 9024 (E) dated, the 26th April, 2012, 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 69.65 67.90

These rates will be effective from 22nd May, 2012.

[F. No. 468/8/2012-Cus.V] 

(ABHINAV GUPTA)
Under Secretary to the Government of India