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<h1>India Updates Exchange Rates for Export Goods Under Customs Act, 1962; Amends Notification No. 21/96-Cus. (N.T.)</h1> The Central Government of India has amended Notification No. 21/96-Cus. (N.T.) regarding exchange rates for export goods under the Customs Act, 1962. Effective from May 1, 1996, the notification specifies the conversion rates of various foreign currencies into Indian rupees for export purposes. Schedule I lists the exchange rates for one unit 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. This amendment supersedes the previous notification dated March 25, 1996.