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<h1>Central Government Updates Customs Act and Indian Stamp Act Exchange Rate for Pound Sterling to 3.0600 Effective August 12, 1990.</h1> The Central Government has amended Notification No. 38/90-Cus. (N.T.) concerning exchange rates under the Customs Act, 1962, and the Indian Stamp Act, 1899. The amendment specifically updates the exchange rate for the Pound Sterling to 3.0600. This revised rate will take effect from August 12, 1990.