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of <h1>Central Govt Updates Exchange Rates for Export Goods Under Customs Act, 1962; Effective August 1, 1997</h1> Notification No. 34/97-Cus. (N.T.), dated July 28, 1997, issued by the Central Government under the Customs Act, 1962, supersedes Notification No. 25/97-Cus. (N.T.). It establishes new exchange rates for converting specified foreign currencies into Indian rupees or vice versa for export goods, effective from August 1, 1997. Schedule I lists the exchange rates for individual units of currencies like the U.S. Dollar, Pound Sterling, and others, while Schedule II provides rates for 100 units of currencies such as Belgian Francs, Italian Lira, and Japanese Yen.
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