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of <h1>India Revises Pound Sterling Exchange Rates for Imports and Exports Effective June 30, 2016, per Customs Act 1962.</h1> The Government of India, through the Ministry of Finance's Department of Revenue, has issued Notification No. 91/2016-Customs (N.T.) dated 29th June 2016, amending Notification No. 87/2016-CUSTOMS (N.T.) effective from 30th June 2016. This amendment, under the authority of the Customs Act, 1962, revises the exchange rates for the Pound Sterling. For imported goods, the rate is set at 92.50 Indian rupees per unit, and for export goods, it is 88.20 Indian rupees per unit.
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