<h1>Customs Act Section 14: Updated Exchange Rates for Import/Export Effective April 6, 2018.</h1> The Central Board of Indirect Taxes and Customs has issued a notification under section 14 of the Customs Act, 1962, updating the exchange rates for foreign currencies related to imported and exported goods, effective from April 6, 2018. This supersedes the previous notification dated March 15, 2018. The exchange rates for various currencies, including the US Dollar, Euro, and Japanese Yen, are specified for both import and export purposes. For instance, the rate for the US Dollar is set at 65.90 INR for imports and 64.20 INR for exports. The notification includes detailed rates for other currencies as well.