Monday, 2 January 2017

NRIS NEED TO SHOW OLD NOTES TO CUSTOMS

Latest Indian News - UK News - Garavi Gujarat Weekly Magazine


NON-RESIDENT INDIANS and Indian nationals abroad can deposit up to Rs 25,000 of the demonetised currency during the 3-6 month grace period, but only if they show the junked notes to Customs officials at the airport and get declaration form stamped.

The declaration will have to be submitted at specified branches of the Reserve Bank while depositing the junked currency, a finance ministry notification stated on Monday (January 2).

While the 50-day window for such deposits at banks or post offices ended on December 30, the government has offered a grace period for those who were abroad.

Read more:  https://goo.gl/pt1k3R

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