Sale of goods at Duty Free Shops (DFSs) in Indian Currency
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....n Indian Currency-reg. Attention of all the Importers/Exporters, Customs Brokers, Duty Free Shop (DFS) operators and the members of the Trade is invited to the Board's Circular No. 31/2016- Customs dated 06.07.2016 on the above mentioned subject. 2. It may be noted that RBI vide notification No. FEMA 6 (R) / RB - 2015 dated 29^th December 2015 permitted export from and import into India of I....
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....y free shops at International Airports. In consonance with the regulation of the RBI, it has been decided that passengers shall be permitted to purchase goods at DFS in Indian rupees up to an amount not exceeding Rs. 25,000/-. 4. Representations have also been received from travelers that duty free shops neither display prices in Indian Rupees nor display India made goods at duty free shops, wh....
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....for import and export of goods. The Industry representatives have consented to implementing the above measures. 5. Accordingly, DFS operators are advised about the revised permitted limits for purchase of goods in Indian currency at DFSs. Information relating to the use of the Indian currency should be displayed at all DFSs. It may be ensured that DFSs display the rate of exchange notified by t....
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