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of <h1>Amendment to Notification No. 20/96-Cus. (N.T.) Updates Exchange Rates for Imported Goods Under Customs Act, 1962</h1> The notification amends Notification No. 20/96-Cus. (N.T.) regarding exchange rates for imported goods, effective from May 1, 1996. It specifies exchange rates for various foreign currencies converted to Indian rupees, as per the Indian Stamp Act, 1899, and the Customs Act, 1962. Schedule I lists rates for one unit of foreign currency, including the U.S. Dollar at 34.35 INR and the Pound Sterling at 51.95 INR. Schedule II provides rates for 100 units of foreign currency, such as Belgian Francs at 110.45 INR and Japanese Yen at 32.15 INR.
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