Hello,
I read about the permission for individuals to have a maximum
of 10 SBNs(INR 500/1000) beyond the applicable grace period
from RBI FAQ : https://rbi.org.in/Scripts/FAQView.aspx…
and also Ordinance 10(India Gazette) : goo.gl/5wJygJ. So, I
wanted to get a confirmation on that if anyone can give here
based on your understanding of the statements therein. Also,
in such a case of holding into maximum of 10 SBNs, do we need
to still report about the same at the airport when we land in India
arriving from outside India? Let me know your inputs.
Cheers.
I read about the permission for individuals to have a maximum
of 10 SBNs(INR 500/1000) beyond the applicable grace period
from RBI FAQ : https://rbi.org.in/Scripts/FAQView.aspx…
and also Ordinance 10(India Gazette) : goo.gl/5wJygJ. So, I
wanted to get a confirmation on that if anyone can give here
based on your understanding of the statements therein. Also,
in such a case of holding into maximum of 10 SBNs, do we need
to still report about the same at the airport when we land in India
arriving from outside India? Let me know your inputs.
Cheers.