Export and import of Indian currency restricted; RBI may permit larger movements on application subject to conditions. Regulation 3 limits export and import of Government of India and Reserve Bank of India currency notes per person (excluding Nepal and Bhutan), allows residents and certain visitors to take or bring limited currency amounts and up to two commemorative coins, and authorises the Reserve Bank of India to permit larger movements on application subject to terms and conditions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Export and import of Indian currency restricted; RBI may permit larger movements on application subject to conditions.
Regulation 3 limits export and import of Government of India and Reserve Bank of India currency notes per person (excluding Nepal and Bhutan), allows residents and certain visitors to take or bring limited currency amounts and up to two commemorative coins, and authorises the Reserve Bank of India to permit larger movements on application subject to terms and conditions.
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