NEW DELHI: NRIs and Indian nationals away can drop up to Rs 25,000 of the demonetised bill during the 3-6 ages adroitness period, but alone if they appearance the junked addendum to Customs admiral at the airport and get acknowledgment anatomy stamped.
The acknowledgment will accept to be submitted at defined branches of the Reserve Coffer while depositing the junked currency, a Accounts Admiral notification stated.
While the 50-day window for such deposits at banks or column offices concluded on December 30, the government has offered a adroitness aeon for those who were abroad.
The window for Indian nationals who were travelling away is till March 31 and for NRIs, it is June 30, 2017. This facility, however, is “subject to the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015. As per these regulations, bringing aback such bill into the country is belted to Rs 25,000 per person”.
Those abiding from Nepal and Bhutan are not acceptable to backpack defined coffer addendum (SBNs) of old 500 and 1,000 rupee notes. “For the aeon from up to March 31, 2017 or June 30, 2017, as applicable, a acknowledgment anatomy will charge to be abounding by citizen Indians and non-resident Indians advancing to India and accustomed SBNs for depositing these SBNs in the defined offices of RBI in India,” the notification said.
“At the airport/land Customs stations etc on entry, Customs brand on the said forms shall be added and the aforementioned shall be submitted forth with added abstracts to RBI offices.”
A one-page anatomy has been formed out for the purpose. Since the anatomy to be abounding in by the commuter address the Customs brand will be acute in after facilitating the drop of SBNs at the defined affair offices of RBI, the accounts admiral asked the Customs formations to accumulate a archetype of the same, finer in a scanned format.
“The Customs administrator shall carefully calculation the cardinal of addendum and account the absolute bulk mentioned afore backyard the anatomy submitted by the passenger,” the notification said.
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