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of <h1>Customs Act Amendment: Exchange Rate for Turkish Lira Updated to 5.30 INR for Imports, 4.95 INR for Exports.</h1> The Central Board of Indirect Taxes and Customs has amended Notification No.13/2022-CUSTOMS (N.T.) under the Customs Act, 1962. Effective from March 12, 2022, the amendment revises the exchange rate for the Turkish Lira in SCHEDULE-I of the notification. The new rate for the Turkish Lira is set at 5.30 Indian rupees for imported goods and 4.95 Indian rupees for export goods.
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