<h1>Customs Act Update: Revised Exchange Rates for Import/Export Transactions Effective August 2, 2013.</h1> The Central Board of Excise and Customs has revised the exchange rates for foreign currencies related to imported and exported goods, effective from August 2, 2013. This update, under the Customs Act, 1962, supersedes a previous notification from July 18, 2013. The exchange rates for various currencies, including the US Dollar, Euro, and Japanese Yen, are specified for both import and export transactions. For instance, the exchange rate for the US Dollar is set at 61.55 for imports and 60.55 for exports, while the Japanese Yen is 63.00 and 61.50, respectively, per 100 units.