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of <h1>India Sets New Foreign Exchange Rates for Imports/Exports under Customs Act 1962, Effective November 6, 2015</h1> The Government of India, through the Ministry of Finance's Central Board of Excise and Customs, issued Notification No. 106/2015 on November 5, 2015, under the Customs Act, 1962. This notification sets the exchange rates for converting specified foreign currencies into Indian rupees for import and export purposes, effective November 6, 2015. The rates are detailed in two schedules: Schedule I lists rates for individual units of currencies like the US Dollar, Euro, and Pound Sterling, while Schedule II provides rates for 100 units of currencies such as the Japanese Yen and Kenya Shilling.
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