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of <h1>Central Board of Excise and Customs Sets New Foreign Currency Exchange Rates for Imports and Exports Effective October 19, 2017.</h1> Notification No. 96/2017 by the Central Board of Excise and Customs, issued on 18th October 2017, establishes the exchange rates for converting specified foreign currencies into Indian Rupees for import and export purposes, effective from 19th October 2017. The rates are detailed in two schedules: Schedule I lists rates for individual foreign currencies, and Schedule II provides rates for 100 units of certain foreign currencies. This notification supersedes the previous Notification No. 94/2017, with exceptions for actions taken before the new rates' implementation. Subsequent notifications adjusted rates for Qatari Riyal and South African Rand.
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