Import of Indian and Foreign Currencies by Post:

Import of Indian and Foreign Currencies by Post: https://www.taxtmi.com/manuals?id=2200 Import of Indian and foreign currency by post is generally prohibited without RBI permission; Indian currency by post is not allowed. Customs may allow receipt of low-value currency consignments by residents subject to Assistant/Deputy Commissioner approval, maintenance of exemption and remitter/addressee records, and reporting unusual volumes to RBI. Parcels above the low-value threshold are to be detained, adjudicated and released only on production of a No Objection Certificate from the RBI. Authorised dealers may import currency for normal banking needs without separate RBI clearance. en-us Sun, 05 Mar 2023 13:02:00 +0530 Fri, 05 May 2023 16:21:00 +0530 TaxTMI RSS Generator Import of Indian and Foreign Currencies by Post: https://www.taxtmi.com/manuals?id=2200 Import of Indian and foreign currency by post is generally prohibited without RBI permission; Indian currency by post is not allowed. Customs may allow receipt of low-value currency consignments by residents subject to Assistant/Deputy Commissioner approval, maintenance of exemption and remitter/addressee records, and reporting unusual volumes to RBI. Parcels above the low-value threshold are to be detained, adjudicated and released only on production of a No Objection Certificate from the RBI. Authorised dealers may import currency for normal banking needs without separate RBI clearance. Manuals Customs Sun, 05 Mar 2023 13:02:00 +0530 https://www.taxtmi.com/manuals?id=2200