Chhattisgarh HC: Complaints Without Disciplinary Action Cannot Affect a Judge's Seniority || Delhi HC Upholds Selection of India's Dressage Team For the 2026 Asian Games || MP High Court Orders State to Airlift Gas Pipeline Blast Victim to Ahmedabad For Treatment || Delhi HC: Memorandum of Past Oral Family Settlement Needs No Registration if No New Rights Arise || Chhattisgarh HC: Denying Marriage in Live-In Relationship Does Not Constitute Rape || Madhya Pradesh High Court: BSF Must Assess Criminal Charge Gravity Before Declaring Candidate Unfit || Bihar Tender Scam: Patna High Court Bars Media From Calling Accused 'Scamster' Before Trial || Gujarat HC Terms Plea ‘Wholly Misconceived’ and Imposes Rs. 2 Lakh Cost over ASI Somnath Survey || Gauhati HC Differs on Whether ED’s ‘Reason To Believe’ For Property Attachment is Confidential || MP High Court Grants Bail To Tehelka Journalist, Noting Implication After Exposing Foeticide Racket

INR spend limit at duty free shops raised- (Ministry of Finance ) (06 Jul 2016)

MANU/CUCR/0031/2016

Customs

The Ministry of Finance raised the ceiling for payments at duty free shops at international airports from Rs. 5000 to Rs. 25,000.

In 2005, the Ministry had set the ceiling for payments at duty free shops at international airports in India at Rs. 5000, given that the amount of currency that could be imported an exported by travellers itself was restricted.

With the RBI having raised the same to Rs. 25,000 in 2015, a corresponding increase in permissible spend in INR at duty free shops was warranted.

Relevant : Notification No. 12/2012-Central Excise MANU/EXCT/0023/2012

Tags : DUTY FREE SHOPS PAYMENTS INDIAN RUPEE

Share :