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of <h1>New Exchange Rates for Foreign Currencies Announced by CBIC u/s 14, Effective July 6, 2018.</h1> Notification No. 60/2018 issued by the Central Board of Indirect Taxes and Customs on July 5, 2018, under Section 14 of the Customs Act, 1962, sets the exchange rates for foreign currencies against the Indian rupee for imported and export goods effective from July 6, 2018. This notification supersedes the previous Notification No. 55/2018. The exchange rates are detailed in two schedules: Schedule I lists rates for individual foreign currencies, and Schedule II provides rates for 100 units of foreign currency. The notification includes rates for currencies such as the US Dollar, Euro, and Japanese Yen, among others.
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