Exchange rate amendment updates Turkish Lira conversion for imports and exports, effective from late December. The Central Board of Indirect Taxes and Customs, under the Customs Act, substitutes serial No.18 in Schedule I of Notification No.98/2021 CUSTOMS (N.T.) to revise the rate of exchange for the Turkish Lira, specifying distinct notified rupee equivalents for imported goods and for export goods, effective from 23rd December, 2021.