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<h1>India Revises Foreign Currency Exchange Rates for Imports/Exports Under Customs Act, Effective July 17, 2015</h1> The Government of India, through the Ministry of Finance and the Central Board of Excise and Customs, issued Notification No. 68/2015 on July 16, 2015, under the Customs Act, 1962. This notification supersedes the previous Notification No. 66/2015, establishing new exchange rates for converting specified foreign currencies into Indian rupees for import and export purposes, effective July 17, 2015. The notification lists exchange rates for various currencies, including the Australian Dollar, Euro, US Dollar, and Japanese Yen, among others, for both imported and exported goods.