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<h1>India Revises Currency Exchange Rates for Imports and Exports Effective March 6, 2020, per Notification No. 20/2020.</h1> The Government of India, through the Ministry of Finance and the Central Board of Indirect Taxes and Customs, issued Notification No. 20/2020 on March 5, 2020, under the Customs Act, 1962. This notification supersedes the previous Notification No. 15/2020 and sets forth the exchange rates for converting specified foreign currencies into Indian rupees for the purposes of imported and exported goods, effective from March 6, 2020. The notification includes detailed exchange rates for various currencies such as the US Dollar, Euro, and Japanese Yen, among others, with separate rates for imported and exported goods. Subsequent notifications have amended some of these rates.