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| Indian
Currency |
Foreign
Exchange |
Gifts |
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Indian
Currency |
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1. |
Currency
includes: |
| (a) |
Currency notes (coins and
bank notes) |
| (b) |
postal
notes |
| (c) |
postal
orders |
| (d) |
money
orders |
| (e) |
cheques |
| (f) |
drafts |
| (g) |
travellers
cheques |
| (h) |
letters
of credit |
| (i) |
bills
of exchange |
| (j) |
promisory
notes |
| (k) |
credit
cards |
| (l) |
notified
debit cards |
| (m) |
ATM
cards |
| (n) |
other
instruments to create financial liability |
| 1. |
Indian
currency notes of denominations upto Rs.100/- , can be brought
into India from Nepal and Bhutan.. |
| 2. |
Currency
notes of Government of India and Reserve Bank of India notes up to
an amount not exceeding Rs. 5000/- per resident Indian, can be
brought into India, provided this amount had earlier been taken
out while proceeding abroad on a temporary visit. |
| 3. |
No
person shall bring into India any Indian currency notes or coins
except with the general or special permission of Reserve Bank. |
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| Foreign
Exchange |
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1. |
Reserve
Bank has granted general permission to any person to bring foreign
currency into India from any place outside India without limit, provided
he declares to Customs authorities on arrival the particulars of all
such foreign currency brought in by him on the Currency Declaration Form
(CDF). |
| 2. |
If
the aggregate value of foreign currency brought in does not exceed U.S.$
10000 or its equivalent and/or value of foreign currency notes does not
exceed U.S.$ 5000 or its equivalent, CDF is not required to be
completed. |
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Forms
of Currency: |
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(a) |
Currency
notes |
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(b) |
Bank
notes |
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(c) |
Traveller's
Cheques |
|
Top |
| Gifts |
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1. |
A
gift to friends and relatives in India can be made without obtaining any
customs clearance permit subject to following conditions: |
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(a) |
Gift
is made for donee's personal use; |
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(b) |
Gift
is made by post or otherwise; |
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(c) |
CIF
value of the gift parcels does not exceed Rs. 2000/- and it does not
contain |
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(i) |
vegetable
seed exceeding one lb. in weight |
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(ii) |
bees |
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(iii) |
tea |
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(iv) |
books,
magazines and journals and literatures which are not permitted to be
imported |
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(v) |
canalised
items |
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(vi) |
alcoholic
beverages |
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(vii) |
fire
arms and ammunition |
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(viii) |
consumer
electronic items except hearing aids and life saving equipment,
apparatus and appliances and parts thereof. |
| 2. |
In
case goods are not importable, a
customs clearance permit
is required. |
| 3. |
An
application for grant of CCP for import of gifts of items appearing as
restrictive in ITC (HS) Classifications of Export and Import Items may
be made to Director General of Foreign Trade, New Delhi. |
| 4. |
The
applications should be supported by the following documents: |
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(a) |
Donor's
letter in original; |
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(b) |
Self-certified
copy of Proforma invoice and |
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(c) |
Bank
receipt (in duplicate)/Demand draft in payment of application fee. |
| 5. |
Gifts
imported by post or as air freight upto a value of Rs. 5000 are exempt
from Customs duty. |
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