Subject:- Sale of goods and display of prices at duty free shops in Indian currency – amendment of circular 31/2016 - Customs dated 6th July 2016 – Reg.

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..... ate: 26.12.2017 PUBLIC NOTICE NO. 46 /2017 Subject:- Sale of goods and display of prices at duty free shops in Indian currency - amendment of circular 31/2016 - Customs dated 6th July 2016 - Reg. ** *** ** Attention is invited to the Board's Circular No. 50/2017- Customs dated 18.12.2017, referring the Circular no. 31/2016-Cus dated 06.07.2016, on the above mentioned subject. 2. Represent .....

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..... 3. In view of the Foreign Trade (Exemption in application of Rules in certain cases) Order, 2017 and clarification of RBI, it has been decided to extend the facility of payments in Indian rupees, through INR debit cards or credit cards at Duty Free Shops, without any need for conversion of foreign currency into Indian Rupees. 4. Further, it has also been decided that for the effective implementat .....

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..... credit/debit card are not subject to paying for merchandise in foreign currency and accordingly do not have to bear any attendant charges for conversion of foreign exchange; (v) Since prices of merchandise for sale at a Duty Free Shops shall, henceforth, only be displayed in INR, any passenger desiring to make a payment in any foreign currency, shall be charged in foreign currency by applying t .....

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