Currency Export/Import Limits set for residents and visitors, with declaration requirements, RBI permissions, special rules for Nepal and Bhutan. The regulations control export and import of Indian currency and foreign exchange by prescribing permissible limits for residents and visitors, authorising the Reserve Bank to permit exceptions, prohibiting export of certain coins, requiring arrival declarations for specified foreign currency brought into India, allowing unrestricted inbound foreign exchange other than notes and travellers cheques, and providing special denomination and limit rules for transfers to and from Nepal and Bhutan.
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.
Currency Export/Import Limits set for residents and visitors, with declaration requirements, RBI permissions, special rules for Nepal and Bhutan.
The regulations control export and import of Indian currency and foreign exchange by prescribing permissible limits for residents and visitors, authorising the Reserve Bank to permit exceptions, prohibiting export of certain coins, requiring arrival declarations for specified foreign currency brought into India, allowing unrestricted inbound foreign exchange other than notes and travellers cheques, and providing special denomination and limit rules for transfers to and from Nepal and Bhutan.
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