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of <h1>Indian Government Issues New Exchange Rates for Foreign Currencies under Customs Act, 1962, Effective October 1, 2007</h1> Notification No. 99/2007-Customs (N.T.) issued by the Government of India on September 25, 2007, under the Customs Act, 1962, supersedes Notification No. 88/2007-NT-Customs. This notification sets the exchange rates for various foreign currencies against the Indian Rupee, effective from October 1, 2007. The exchange rates are specified for currencies such as the Australian Dollar, Canadian Dollar, Euro, Pound Sterling, US Dollar, and others. The rates are detailed in two schedules, with Schedule I covering currencies like the US Dollar and Euro, and Schedule II covering the Japanese Yen.
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