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of <h1>New Exchange Rates for Import/Export Set by Customs Act, 1962: Effective December 1, 2010, Supersedes Previous Rates</h1> The Central Board of Excise and Customs, under the authority of the Customs Act, 1962, has issued Notification No. 98/2010, effective from December 1, 2010, setting the exchange rates for foreign currencies in relation to the import and export of goods. This notification supersedes the previous Notification No. 91/2010. The exchange rates for various currencies such as the Australian Dollar, Canadian Dollar, Euro, Pound Sterling, US Dollar, and others are specified for both imported and exported goods. For instance, the US Dollar is set at 46.15 for imports and 45.25 for exports.
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