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    <title>Rate of exchange of one unit of foreign currency equivalent to Indian rupees - Supersession Notification No. 40/2022-Customs (N.T.), dated 5th May, 2022</title>
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    <description>Exercising authority under section 14 of the Customs Act, the Board issues a notification that supersedes a prior notification and fixes, from the stated effective date, rupee conversion rates for each listed foreign currency for import and export valuation. The instrument comprises two schedules: one specifying unit rates for major currencies and another specifying rates per one hundred units for currencies with smaller denominations, with separate entries for imported goods and for export goods.</description>
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