Exchange rate determination for imports prescribes specified foreign currency conversion rates to apply for customs valuation. Determines exchange rates for valuation of imported goods under the statutory power in sub clause (i) of clause (a) of sub section (3) of section 14 of the Customs Act, 1962, superseding an earlier notification and prescribing conversion rates effective 1st April, 2003 through two appended schedules: Schedule I for per unit rates of specified currencies and Schedule II for the rate per one hundred units of the Japanese Yen.