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of <h1>New Exchange Rates for Foreign Currencies in Import/Export Set by CBIC, Effective April 2, 2020.</h1> Notification No. 37/2020-Customs (N.T.), issued by the Central Board of Indirect Taxes and Customs on April 1, 2020, establishes new exchange rates for converting specified foreign currencies into Indian rupees for the purpose of imported and exported goods, effective April 2, 2020. This notification supersedes the previous Notification No. 27/2020-Customs (N.T.) dated March 19, 2020. The exchange rates are detailed in two schedules: Schedule I lists rates for individual foreign currency units, while Schedule II provides rates for 100 units of foreign currency, including currencies like the US Dollar, Euro, and Japanese Yen.
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