\n

<\/a>Circular No. 03\/2015-Customs<\/strong> <\/span><\/p>\n

F.  No
\n520\/23\/2013- Cus. VI Government of India <\/span><\/p>\n

Ministry
\nof Finance <\/p>\n

Department
\nof Revenue <\/p>\n

(Central Board of Excise and
\nCustoms)<\/p>\n

*****<\/p>\n

 <\/p>\n

New Delhi, Dated
\n16.01.2015<\/p>\n

 <\/p>\n

To,<\/p>\n

 <\/p>\n

All
\nChief Commissioners of Customs \/ Customs (Preventive) All Chief Commissioners
\nof Customs and Central Excise<\/p>\n

 <\/p>\n

All
\nCommissioners of Customs\/ customs (Preventive) All Commissioners of Customs and
\nCentral Excise<\/p>\n

 <\/p>\n

Sir
\n\/Madam,<\/p>\n

 <\/p>\n

Subject : Export and Import of
\nCurrency \u2013reg<\/strong><\/p>\n

 <\/p>\n

Attention is invited to Regulation
\n(3) of Foreign Exchange Management (Export and Import of Currency) (Amendment)
\nRegulations, 2009, notified vide Notification No.FEMA.258\/2013-RB dated
\nFebruary 15, 2013 and A.P. (DIR Series) Circular No. No. 39 dated September 6,
\n2013 in terms of which, any person resident in India may take outside India or
\nhaving gone out of India on a temporary visit, may bring into India (other than
\nto and from Nepal and Bhutan) currency notes of Government of India and Reserve
\nBank of India notes up to an amount not exceeding Rs.10,000.<\/p>\n

 <\/p>\n

2. The RBI vide A.P. (DIR series) No. 146,
\ndated 19.06.2014 has now provided that aforementioned limit has been enhanced
\nto Rs 25000\/- per person from Rs 10,000\/- per person. Thus, any person resident
\nin India:<\/p>\n

 <\/p>\n

i)            
\nmay take outside India (other than to Nepal
\nand Bhutan) currency notes of Government of India and Reserve Bank of India
\nnotes up to an amount not exceeding Rs.25,000 (Rupees twenty five thousand
\nonly); and <\/p>\n

 <\/p>\n

ii)           
\nwho had gone out of India on a temporary
\nvisit, may bring into India at the time of his return from any place outside
\nIndia (other than from Nepal and Bhutan), currency notes of Government of India
\nand Reserve Bank of India notes up to an amount not exceeding Rs.25,000 (Rupees
\ntwenty five thousand only). <\/p>\n

 <\/p>\n

3. Further, vide said A.P. (DIR series) No.
\n146 dated 19.06.2014, it is also provided that any person resident outside
\nIndia, not being a citizen of Pakistan and Bangladesh and also not a traveller
\ncoming from and going to Pakistan and Bangladesh, and visiting India:<\/p>\n

 <\/p>\n

i)            
\nmay take outside India currency notes of
\nGovernment of India and Reserve Bank of India notes up to an amount not
\nexceeding Rs. 25,000 (Rupees twenty five thousand only) while exiting only
\nthrough an airport. <\/p>\n<\/div>\n