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of <h1>Customs Act Amendment: Exchange Rate for Turkish Lira Updated to 5.80 INR for Imports, 5.45 INR for Exports.</h1> The Central Board of Indirect Taxes and Customs has amended Notification No. 98/2021-CUSTOMS (N.T.) under the Customs Act, 1962. Effective from December 22, 2021, changes have been made to the exchange rate for the Turkish Lira in SCHEDULE-I. The updated rates are 5.80 Indian rupees for imported goods and 5.45 Indian rupees for export goods.
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