https://www.taxtmi.com/circulars?id=11355 Foreign exchange counters at international airports must be sited so that arrival counters are after Customs or, if between Immigration and Customs, they only purchase foreign currency, sell Indian Rupees and issue Encashment Certificates; departure counters must be before the first of Customs or Immigration with appropriate passenger notices. Authorised Dealers and Full Fledged Money Changers not conforming must relocate to comply by the prescribed deadline, and non compliance attracts penal provisions under the Foreign Exchange Management Act. en-us Tue, 25 Oct 2011 00:00:00 +0530 Sat, 29 Oct 2011 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11355 Foreign exchange counters at international airports must be sited so that arrival counters are after Customs or, if between Immigration and Customs, they only purchase foreign currency, sell Indian Rupees and issue Encashment Certificates; departure counters must be before the first of Customs or Immigration with appropriate passenger notices. Authorised Dealers and Full Fledged Money Changers not conforming must relocate to comply by the prescribed deadline, and non compliance attracts penal provisions under the Foreign Exchange Management Act. Circulars FEMA Tue, 25 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11355