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of <h1>India Raises Import Currency Limit via Post to Rs. 5,000; Circular No. 22/99-Cus Conditions Apply.</h1> The Government of India, through the Ministry of Finance and the Central Board of Excise & Customs, has issued a circular updating the regulations for the release of imported currency through postal services. Previously, Customs authorities could clear imports of Indian and foreign currencies up to Rs. 1,000. Following a review by the Reserve Bank of India under the Foreign Exchange Management Act, 1999, this limit has been increased to Rs. 5,000. The conditions outlined in the earlier Circular No. 22/99-Cus. dated 7-5-1999 still apply. Public notices should be issued to inform relevant parties, and any implementation issues should be reported to the Board.
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