Sale of goods at Duty Free Shops (DFSs) in Indian Currency

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..... Subject: - Sale of goods at Duty Free Shops (DFSs) in 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 .....

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..... garding the ceiling in payments in Indian currency of ₹ 5000/- for purchase by passengers at duty 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 ₹ 25,000/-. 4. Representations have also been received from travel .....

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..... ercial banks for conversion of foreign currency or the rate of exchange notified by the CBEC on a fortnightly basis 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 .....

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