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of <h1>New Customs Notification Sets Exchange Rates for Currency Conversion in Export Goods Effective October 1999 Under Customs Act</h1> Notification No. 57/99-Cus. (N.T.), dated 27th September 1999, issued by the Central Government under the Customs Act, 1962, supersedes the previous Notification No. 49/99-Cus. (N.T.). It determines the exchange rates for converting specified foreign currencies into Indian Rupees for export goods, effective from 1st October 1999. Schedule I lists exchange rates for one unit of various currencies such as the US Dollar (43.40 INR), Euro (45.55 INR), and Pound Sterling (71.30 INR). Schedule II provides rates for 100 units of currencies like the Japanese Yen (41.40 INR) and Belgian Francs (112.95 INR).
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