Instruction on issue of Indian Currency Note-Foreign Going vessels - Customs - PUBLIC NOTICE No. 10/2016

OFFICE OF THE COMMISSIONER OF CUSTOMS NEW CUSTOMS HOUSE, PANAMBUR, MANGALURU 757010 C No. S-34/02/2016 Refund Date: 18.03.2016 PUBLIC NOTICE No. 10/2016 Sub: Instruction on issue of Indian Currency Note-Foreign Going vessels-reg. Attention of importers, exporters, CHAS, Steamer Agents and members of the trade and industry is invited to Board's Circular No. 51/99 dated 12.08.1999 on the subject cited above wherein Board had decided to allow merchant ship to carry Indian currency notes of ₹ 100/- denomination for disbursement of wages etc. on board of foreign going vessel, subject to the usual conditions prescribed by RBI. 2. In the light of revised guidelines issued by RBI not prescribing any restriction on denomination of Indian currency, carried by an Indian traveller or captain of a ship, the Board has decided to withdraw the restriction on denomination of Indian currency imposed vide the Circular No. 51/1999 dated 12.08.1999. (Dr .M. SUBRAMANYAM) COMMISSIONER OF CUSTOMS