Exchange rates Notification No.100/2021-Cus (NT) dated 20.12.2021

Last updated: 22 December 2021

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This notification from the Central Board of Indirect Taxes and Customs updates the exchange rate for the Turkish Lira. Effective from 21st December 2021, the rate for one unit of Turkish Lira is equivalent to 4.70 Indian Rupees for imported goods and 4.40 Indian Rupees for exported goods. This amendment is made under section 14 of the Customs Act, 1962.

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

Notification No. 100/2021 – Customs (N.T.)

New Delhi, dated the 20th December, 2021
29 Agrahayana 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 21^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	4.70	4.40

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

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

FAQ :

This notification amends the previous customs notification regarding exchange rates, specifically updating the rate for the Turkish Lira.

The new exchange rate for the Turkish Lira is effective from 21st December 2021.

For imported goods, one unit of Turkish Lira is equivalent to 4.70 Indian Rupees.

For exported goods, one unit of Turkish Lira is equivalent to 4.40 Indian Rupees.

The notification was issued by the Central Board of Indirect Taxes and Customs (CBIC), Government of India.

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Notification No : 100/2021 - Customs (N.T.)
Published in Custom
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-nt2021/csnt100-2021.pdf

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