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of <h1>India Revises Exchange Rate for Korean Won: 6.30 INR for Imports, 5.95 INR for Exports under Customs Act Section 14.</h1> The Government of India, through the Ministry of Finance's Central Board of Indirect Taxes and Customs, has issued Notification No. 95/2022, amending a previous notification dated 3rd November 2022. Effective from 15th November 2022, the amendment revises the exchange rate for the Korean Won against the Indian Rupee. For imported goods, the rate is set at 6.30 INR per Korean Won, and for export goods, it is 5.95 INR per Korean Won. This amendment is made under the authority granted by section 14 of the Customs Act, 1962.
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