Exchange rate Notification No.106/2021-Cus (NT) dated 30.12.2021

Last updated: 31 December 2021

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This notification from the Central Board of Indirect Taxes and Customs (CBIC) updates the exchange rates for the Turkish Lira against the Indian Rupee. The amendments, made under Section 14 of the Customs Act, 1962, are effective from 31st December 2021. Specific rates for imported and exported goods are provided.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
*****

Notification No. 106 /2021 – Customs (N.T.)

New Delhi, dated the 30^th December, 2021
09, Pausha 1943 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes the following amendments in the Central Board of Indirect Taxes and Customs Notification No.98/2021-CUSTOMS (N.T.), dated 16^th December, 2021 with effect from 31^st December, 2021.

In the SCHEDULE-I of the said Notification, for serial No.18 and the entries relating thereto, the following shall be substituted, namely: –

SCHEDULE-I

Sl.No.	Foreign Currency	Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1)	(2)	(3)
		(a)	(b)
		(For Imported Goods)	(For Export Goods)
18.	Turkish Lira	6.05	5.65

[F.No.468/01/2021-Cus.V]

(Bullo Mamu)
Under Secretary to the Govt. of India

FAQ :

This notification amends the existing customs exchange rates for the Turkish Lira against the Indian Rupee.

The amendments are effective from 31st December 2021.

The Turkish Lira is the currency affected by this notification.

For imported goods, the rate is 6.05 Indian Rupees per unit of Turkish Lira. For exported goods, the rate is 5.65 Indian Rupees per unit of Turkish Lira.

This notification amends Central Board of Indirect Taxes and Customs Notification No.98/2021-CUSTOMS (N.T.), dated 16th December 2021.

Notification No : 106 /2021 - Customs (N.T.)
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-nt2021/csnt106-2021.pdf

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