Exchange rate update for Turkish Lira adjusts import and export valuation under Customs Notification, effective early January. Amendment substitutes the Schedule I entry for Turkish Lira in the Customs Notification, specifying distinct rupee equivalences for imported goods and export goods to be applied for customs valuation; the Board exercises its statutory power to notify revised exchange rates and the substitution takes effect from the stated effective date.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate update for Turkish Lira adjusts import and export valuation under Customs Notification, effective early January.
Amendment substitutes the Schedule I entry for Turkish Lira in the Customs Notification, specifying distinct rupee equivalences for imported goods and export goods to be applied for customs valuation; the Board exercises its statutory power to notify revised exchange rates and the substitution takes effect from the stated effective date.
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