Foreigners can carry up to Rs 10,000 beyond immigration desk
RBI has permitted non-residents to carry up to INR 10,000 to the duty free area in airports beyond immigration desk for miscellaneous expenditures. However, they need to dispose the Indian Rupee before boarding the plane.
Earlier, non-residents were allowed to carry Indian currency only up to the Immigration Desk or the Customs Desk at international airports in the country.
RBI said that on a review, it has been decided to allow foreigners to carry Indian currency up to a maximum of INR 10,000 beyond Customs/Immigration desk to the Security Hold Area (SHA)/Duty Free Area in the departure hall for meeting miscellaneous expenditures in Indian International Airports.
However, the RBI added that the permission is subject to the condition that the non-residents will not be allowed to carry any Indian Currency beyond SHA and that they must dispose all Indian currency before boarding the plane.
RBI also said that Foreign Exchange Counters will be established in the SHA/Duty Free Area beyond the Customs/Immigration desk in order to lend money conversion facility to foreigners to convert unspent Indian Rupees.
According to the RBI, these counters will only buy Indian currency from foreigners and sell foreign currency to them.
The central bank also said that it is the Airport Authorities’ responsibility to put up display at Forex counters, reminding the passengers that it is the last point for foreigners to possess Indian currency.
Earlier, Forex counters were permitted in the departure halls only before the Customs/Immigration Desk.