Exchange rate adjustment for Turkish Lira establishes distinct import and export conversion rates effective late December under Customs Act authority. The Central Board of Indirect Taxes and Customs, under section 14 of the Customs Act, 1962, substitutes serial No.18 in Schedule I of Notification No.98/2021-CUSTOMS (N.T.) to set distinct conversion rates for the Turkish Lira for import and export transactions, effective from 25th December, 2021.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exchange rate adjustment for Turkish Lira establishes distinct import and export conversion rates effective late December under Customs Act authority.
The Central Board of Indirect Taxes and Customs, under section 14 of the Customs Act, 1962, substitutes serial No.18 in Schedule I of Notification No.98/2021-CUSTOMS (N.T.) to set distinct conversion rates for the Turkish Lira for import and export transactions, effective from 25th December, 2021.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.