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        Customs, DGFT & SEZ

        Exchange Rate Notification No. 32/2021 - Customs (N.T.)

        March 24, 2021

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        In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes the following amendment in the Notification of the Central Board of Indirect Taxes and Customs No. 31/2021-CUSTOMS (N.T.), dated 18th March, 2021 with effect from 25th March, 2021, namely: -

        In the SCHEDULE-I of the said Notification, for serial No. 18 and the entries relating thereto, the following shall be substituted, namely: -

        SCHEDULE-I

        Sl. No.

        Foreign Currency

        Rate of exchange of one unit of foreign currency equivalent to Indian rupees

        (1)

        (2)

        (3)

         

         

        (a)

        (b)

         

         

        (For Imported Goods)

        (For Exported Goods)

        18.

        Turkish Lira

        9.45

        8.85

         

        Customs exchange rate adjustment updates Turkish lira import and export rates, effective from the notified date. Amendment to Schedule I of Notification No. 31/2021 under section 14 of the Customs Act, 1962 substituting the serial No. 18 entry to set distinct rupee exchange rates for the Turkish Lira for imported and exported goods, effective from 25 March 2021.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Customs exchange rate adjustment updates Turkish lira import and export rates, effective from the notified date.

                                Amendment to Schedule I of Notification No. 31/2021 under section 14 of the Customs Act, 1962 substituting the serial No. 18 entry to set distinct rupee exchange rates for the Turkish Lira for imported and exported goods, effective from 25 March 2021.


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