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<h1>India Sets New Exchange Rates for Import/Export Goods Under Customs Act 1962, Effective February 8, 2013</h1> The Government of India, through the Central Board of Excise and Customs, issued Notification No. 20/2013-Customs (N.T.) on February 7, 2013, under the Customs Act, 1962. This notification sets the exchange rates for converting specified foreign currencies into Indian rupees for imported and export goods, effective February 8, 2013. The rates are detailed in two schedules: Schedule I lists the rates for individual units of currencies like the US Dollar, Euro, and others, while Schedule II provides rates for 100 units of the Japanese Yen. Corrections to the Kenya Shilling rates were made in January 2014.