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of <h1>India Revises Currency Exchange Rates for Imports/Exports Under Customs Act 1962, Effective September 8, 2017.</h1> The Government of India's Ministry of Finance, through the Central Board of Excise and Customs, issued Notification No. 84/2017 on September 7, 2017, under the Customs Act, 1962. This notification supersedes the previous Notification No. 81/2017 and establishes new exchange rates for converting specified foreign currencies into Indian rupees for import and export purposes, effective September 8, 2017. The rates are detailed in two schedules: Schedule I lists rates for individual foreign currency units, while Schedule II provides rates for 100 units of certain currencies, including the Japanese Yen and Kenya Shilling.
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