Exchange rate determination for exports: prescribed currency conversion rates govern export valuation under the Customs Act. The Central Government, under powers conferred by sub-clause (a) of sub-section (3) of Section 14 of the Customs Act, 1962, prescribes specific foreign currency to Indian rupee conversion rates for export goods valuation and supersedes the earlier notification. The notification sets out two schedules: Schedule I with rupee equivalents per one unit of foreign currency and Schedule II with rupee equivalents per one hundred units, and specifies that those rates apply from the commencement date stated in the notification.