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of <h1>India Revises Turkish Lira Exchange Rates for Imports and Exports Under Customs Act Section 14.</h1> The Government of India, through the Ministry of Finance and the Central Board of Indirect Taxes and Customs, has issued an amendment to Notification No. 92/2021-CUSTOMS (N.T.) dated 18th November 2021. Effective from 25th November 2021, the amendment revises the exchange rate for the Turkish Lira in Schedule-I of the notification. The new rates are 6.05 Indian Rupees for imported goods and 5.65 Indian Rupees for exported goods. This amendment is made under the authority of section 14 of the Customs Act, 1962.
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