Customs exchange rates set for conversion into Indian currency, establishing separate import and export valuation rates under customs law. The Central Board of Excise and Customs determines Customs exchange rates for conversion between specified foreign currencies and Indian rupees for customs valuation, effective from 1 September 2011, superseding the earlier notification; Schedule I sets per unit rupee equivalents for various currencies with separate rates for imported and export goods, and Schedule II sets the rate for 100 units of Japanese Yen for import and export valuation.