Payments in Indian rupees allowed at duty free shops via INR cards; arrival payments limited, departure payments unrestricted. Payments by passengers at Duty Free Shops may be made directly in Indian rupees through INR credit or debit cards without conversion of foreign exchange and without conversion charges; DFS must display all prices in Indian rupees only. The pre existing cash ceiling in Indian currency remains applicable; INR card payments in the arrival hall are subject to the incoming passenger Indian currency ceiling, while INR card payments in the departure hall are permitted without limit for outgoing passengers. If a passenger opts to pay in foreign currency, the DFS shall apply the exchange rate notified under Section 14 of the Customs Act, 1962.
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.
Payments in Indian rupees allowed at duty free shops via INR cards; arrival payments limited, departure payments unrestricted.
Payments by passengers at Duty Free Shops may be made directly in Indian rupees through INR credit or debit cards without conversion of foreign exchange and without conversion charges; DFS must display all prices in Indian rupees only. The pre existing cash ceiling in Indian currency remains applicable; INR card payments in the arrival hall are subject to the incoming passenger Indian currency ceiling, while INR card payments in the departure hall are permitted without limit for outgoing passengers. If a passenger opts to pay in foreign currency, the DFS shall apply the exchange rate notified under Section 14 of the Customs Act, 1962.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
