With effect from the midnight of 2nd December, 2016, old 500 bank notes will not be accepted at petrol, diesel and gas outlets of Public Sector Oil and Gas Marketing Companies as well as for purchase of Air Tickets at Airports; However, supply of LPG continues to be in the exempted category for the purpose of payment through old 500 bank notes

With effect from the midnight of 2nd December, 2016, old 500 bank notes will not be accepted at petrol, diesel and gas outlets of Public Sector Oil and Gas Marketing Companies as well as for purchase of Air Tickets at Airports; However, supply of LPG continues to be in the exempted category for the purpose of payment through old 500 bank notes https://www.taxtmi.com/news?id=17007 Removal of exemption is announced for acceptance of old high-denomination bank notes at public sector petrol, diesel and gas retail outlets and for purchase of airline tickets at airports, effective midnight of 2nd December, 2016. Supply of domestic LPG sales remains within the exempted category and all other previously notified exempted categories continue unchanged. en-us Thu, 01 Dec 2016 17:46:27 +0530 Thu, 01 Dec 2016 17:46:27 +0530 TaxTMI RSS Generator With effect from the midnight of 2nd December, 2016, old 500 bank notes will not be accepted at petrol, diesel and gas outlets of Public Sector Oil and Gas Marketing Companies as well as for purchase of Air Tickets at Airports; However, supply of LPG continues to be in the exempted category for the purpose of payment through old 500 bank notes https://www.taxtmi.com/news?id=17007 Removal of exemption is announced for acceptance of old high-denomination bank notes at public sector petrol, diesel and gas retail outlets and for purchase of airline tickets at airports, effective midnight of 2nd December, 2016. Supply of domestic LPG sales remains within the exempted category and all other previously notified exempted categories continue unchanged. News - Thu, 01 Dec 2016 17:46:27 +0530 https://www.taxtmi.com/news?id=17007