Quick Summary
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
*****
Notification No. 101/2021 – Customs (N.T.)
New Delhi, dated the 21th December, 2021
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 16th December, 2021 with effect from 22nd 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 | 5.80 | 5.45 |
[F.No.468/01/2021-Cus.V]
(Bullo Mamu)
Under Secretary to the Govt. of India
FAQ :
This notification amends the previously issued Customs exchange rates for the Turkish Lira.
The new exchange rates are effective from 22nd December 2021.
For imported goods, one unit of Turkish Lira is equivalent to 5.80 Indian Rupees. For exported goods, one unit of Turkish Lira is equivalent to 5.45 Indian Rupees.
This notification amends Central Board of Indirect Taxes and Customs Notification No.98/2021-CUSTOMS (N.T.), dated 16th December 2021.
This notification was issued by the Central Board of Indirect Taxes and Customs (CBIC), Government of India, Ministry of Finance.
CAclubindia
Guest
Notification No : 101/2021 – Customs (N.T.)Published in Custom
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-nt2021/csnt101-2021.pdf