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of <h1>India Updates Turkish Lira Exchange Rates for Imports and Exports Effective December 31, 2020, under Notification 114/2020.</h1> The Government of India's Ministry of Finance, through the Central Board of Indirect Taxes and Customs, has issued Notification No. 114/2020-Customs (N.T.) amending Notification No. 113/2020-CUSTOMS (N.T.) dated 17th December 2020. Effective from 31st December 2020, the amendment updates Schedule-I, specifically serial No. 18, concerning the exchange rate of the Turkish Lira. The rate for imported goods is set at 10.25 Indian rupees per unit, while for exported goods, it is 9.65 Indian rupees per unit.
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