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of <h1>Customs Act 1962: New Exchange Rates for Foreign Currency Conversion Effective September 1, 2006</h1> The notification issued on August 28, 2006, under the Customs Act, 1962, establishes the exchange rates for converting foreign currencies into Indian rupees for exported goods, effective from September 1, 2006. It supersedes a previous notification from July 26, 2006. The specified rates include the conversion of one unit of various currencies such as the Australian Dollar at 35.10 INR, US Dollar at 46.30 INR, and the conversion of 100 Japanese Yen at 39.60 INR, among others. These rates are detailed in Schedule I and Schedule II of the notification.
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