F. No
520/23/2013- Cus. VI Government of India
Ministry
of Finance
Department
of Revenue
(Central Board of Excise and
Customs)
*****
New Delhi, Dated
16.01.2015
To,
All
Chief Commissioners of Customs / Customs (Preventive) All Chief Commissioners
of Customs and Central Excise
All
Commissioners of Customs/ customs (Preventive) All Commissioners of Customs and
Central Excise
Sir
/Madam,
Subject : Export and Import of
Currency –reg
Attention is invited to Regulation
(3) of Foreign Exchange Management (Export and Import of Currency) (Amendment)
Regulations, 2009, notified vide Notification No.FEMA.258/2013-RB dated
February 15, 2013 and A.P. (DIR Series) Circular No. No. 39 dated September 6,
2013 in terms of which, any person resident in India may take outside India or
having gone out of India on a temporary visit, may bring into India (other than
to and from Nepal and Bhutan) currency notes of Government of India and Reserve
Bank of India notes up to an amount not exceeding Rs.10,000.
2. The RBI vide A.P. (DIR series) No. 146,
dated 19.06.2014 has now provided that aforementioned limit has been enhanced
to Rs 25000/- per person from Rs 10,000/- per person. Thus, any person resident
in India:
i)
may take outside India (other than to Nepal
and Bhutan) currency notes of Government of India and Reserve Bank of India
notes up to an amount not exceeding Rs.25,000 (Rupees twenty five thousand
only); and
ii)
who had gone out of India on a temporary
visit, may bring into India at the time of his return from any place outside
India (other than from Nepal and Bhutan), currency notes of Government of India
and Reserve Bank of India notes up to an amount not exceeding Rs.25,000 (Rupees
twenty five thousand only).
3. Further, vide said A.P. (DIR series) No.
146 dated 19.06.2014, it is also provided that any person resident outside
India, not being a citizen of Pakistan and Bangladesh and also not a traveller
coming from and going to Pakistan and Bangladesh, and visiting India:
i)
may take outside India currency notes of
Government of India and Reserve Bank of India notes up to an amount not
exceeding Rs. 25,000 (Rupees twenty five thousand only) while exiting only
through an airport.
ii)
may bring into India currency notes of
Government of India and Reserve Bank of India notes up to an amount not
exceeding Rs. 25,000 (Rupees twenty five thousand only) while entering only
through an airport.
4.
In the light of the amended guidelines of RBI
on the subject matter, all Chief Commissioners of Customs/ Customs and Central
Excise are requested to ensure that the aforementioned guidelines are
scrupulously followed by the officers under their charge. Further, it may be ensured
without fail that wide publicity is given to these guidelines by displaying
them at prominent places at the airports etc. so that no harassment is caused
to the genuine passengers. Officers may also be suitably sensitized in the
matter. Any non compliance on the part of the officers will be viewed
seriously.
5.
Difficulty faced, if any, may be brought to
the notice of the Board.
Yours faithfully,
(R.P.Singh) Director (Customs)
