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<h1>India Updates Turkish Lira Exchange Rates for Imports and Exports Under Customs Act Section 14, Effective December 28, 2021.</h1> The Government of India, through the Ministry of Finance's Central Board of Indirect Taxes and Customs, has issued Notification No. 104/2021 to amend Notification No. 98/2021-CUSTOMS (N.T.) dated 16th December 2021. Effective from 28th December 2021, the amendment updates the exchange rates for the Turkish Lira in Schedule-I. The revised rates are 7.10 Indian rupees for imported goods and 6.65 Indian rupees for export goods. This change is made under the authority of section 14 of the Customs Act, 1962.