MoF amended an older notification related to the rate of exchange of foreign currency to Indian Rupees

Jun 07, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Ministry of Finance (MoF) on June 07, 2023, issued a notification to amend the amended older notification related to the rate of exchange of foreign currency to Indian Rupees.

The following amendment has been stated:

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

18. Turkish Lira - 3.85 (For Imported Goods) and 3.60 (For Export Goods)

[Notification No. 40/2023 – Customs (N.T.)]

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