March 10, 2020 at 1:26 am | Latest Finance News

Central Board of Indirect Taxes amends notification of 5th March

New Delhi: In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby make the following amendments in the Notification of the Central Board of Indirect Taxes and Customs No.20/2020-CUSTOMS (N.T.), dated 5th March 2020  with effect from 10th March 2020, namely: –

In the SCHEDULE-II of the said Notification, for serial No. 1 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 Exported Goods)
1. Japanese Yen 73.55 70.80
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