CBIC revises the Exchange Rate of Japanese Yen Foreign Currency

Aug 06, 2019 | by Avantis RegTech Legal Research Team


The Central Board of Indirect Taxes and Customs (CBIC) on August 05, 2019, has revised the Exchange Rate of Japanese Yen Foreign Currency.

In the SCHEDULE-II of the Notification Customs No.55/2019-CUSTOMS (N.T.), dated August 01, 2019, for serial No. 01 and the entries relating thereto, the following shall be substituted, namely:

Sl. 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

67.75

65.20

[Notification No. 56/2019 - Customs (N.T.)]


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