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of <h1>India Sets New Currency Exchange Rates for Imports and Exports via Notification No. 10/2023, Effective Feb 17, 2023.</h1> The Government of India, through the Ministry of Finance and the Central Board of Indirect Taxes and Customs, issued Notification No. 10/2023 on February 16, 2023. This notification supersedes Notification No. 08/2023 and sets the exchange rates for converting specified foreign currencies into Indian rupees for imported and export goods, effective February 17, 2023. The rates are detailed in two schedules, with Schedule I listing rates for individual foreign currencies and Schedule II for 100 units of certain currencies. This notification was later superseded by Notification No. 12/2023 effective March 3, 2023.
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