General permission for release of imported currency through post – reg

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..... are aware, under Section 13 (i) of Foreign Exchange Regulation Act, 1973, no person could bring or send into India any foreign exchange or Indian currency except with special or general permission of Reserve Bank of India. Parcels/packets suspected to contain foreign/Indian currency, etc., were to be detained and adjudicated on merits. 2. Import of Indian currency notes and coins by post is no .....

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..... t to the following conditions: (a) the power to grant approval is exercised at a fairly senior level in the Customs; (b) a detailed record should be maintained of the exemptions granted; c) record of the name and addresses of the remitter and addressee in India should be maintained; and (d) where a spurt is noticed in the number of covers received over a time, the matter may be reporte .....

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..... ssistant Commissioner of Customs. 6. You are, therefore, requested to issue necessary instructions to the Customs formations under your charge and issue suitable trade/public notice in this regard. Receipt of this Circular may please be acknowledged. Difficulties faced in implementation of these instructions may be brought to the notice of the Board. - Circular - Trade Notice - Public Notice .....

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