Import of foreign exchange into India: unrestricted non-cash receipts permitted subject to customs declaration for cash above prescribed limits. Import of foreign exchange into India allows unrestricted entry of foreign exchange in non-cash forms; cash instruments (currency notes, bank notes and travellers cheques) brought into India must be declared to customs on arrival using the Currency Declaration Form, unless the aggregate value of such cash instruments at one time does not exceed the prescribed exempted cash thresholds, in which case the declaration is not required.
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.
Import of foreign exchange into India: unrestricted non-cash receipts permitted subject to customs declaration for cash above prescribed limits.
Import of foreign exchange into India allows unrestricted entry of foreign exchange in non-cash forms; cash instruments (currency notes, bank notes and travellers cheques) brought into India must be declared to customs on arrival using the Currency Declaration Form, unless the aggregate value of such cash instruments at one time does not exceed the prescribed exempted cash thresholds, in which case the declaration is not required.
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