Currency - Indian and Foreign currencies declared as perishable or hazardous goods under Section 110(1A)

[Asked by Guest]

Currency - Indian and Foreign currencies declared as perishable or hazardous goods under Section 110(1A)

[Mahir S]

Yes sir, Currency - both Indian and Foreign are Declared as Perishable or Hazardous goods under section 110 (1A).

AI Summary

Perishable or hazardous classification of currency under the statutory provision applies to Indian and foreign currency in customs.
Currency, both Indian and foreign, is declared perishable or hazardous goods for customs purposes under the cited statutory provision, placing such currency within the handling, storage and procedural regimes applicable to goods so classified in customs, Exim and SEZ contexts.