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of <h1>India Updates Turkish Lira Exchange Rates for Imports and Exports Under Customs Act, 1962.</h1> The Government of India, through the Ministry of Finance's Central Board of Indirect Taxes and Customs, has amended Notification No. 98/2021-CUSTOMS (N.T.) dated 16th December 2021. Effective from 31st December 2021, the amendment specifically updates the exchange rates for the Turkish Lira in Schedule-I of the notification. The new exchange rate for the Turkish Lira is set at 6.05 Indian Rupees for imported goods and 5.65 Indian Rupees for export goods. This amendment is issued under the authority of the Customs Act, 1962.
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