Exchange rates Notification No.93/2021-Cus (NT) dated 24.11.2021

Last updated: 26 November 2021

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This notification from the Central Board of Indirect Taxes and Customs amends the exchange rates for the Turkish Lira. Effective from 25th November 2021, new rates are established for both imported and exported goods. These changes are 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)
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Notification No. 93/2021 – Customs (N.T.)

New Delhi, dated the 24^th November, 2021
03 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.92/2021-CUSTOMS (N.T.), dated 18^th November, 2021 with effect from 25^th November, 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 Exported 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 previously issued Customs exchange rates for the Turkish Lira.

The new exchange rates are effective from 25th November 2021.

The exchange rate for the Turkish Lira is being updated.

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

These amendments are made in exercise of the powers conferred by section 14 of the Customs Act, 1962.

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Notification No : 93/2021 – Customs (N.T.)
Published in Custom
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-nt2021/csnt93-2021.pdf

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