General permission for release of imported currency - instructions regarding

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..... imported currency - instructions regarding. Under Section 13(i) of FERA, 1973 no person can bring or send into India any foreign exchange or Indian Currency except with special or general permission of RBI. Further, Import of Indian currency notes or coins by post is not permitted. As per the existing practice, whenever such notes / coins, received by post, are confiscated by the cu .....

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..... not be referred to RBI subject to the following conditions.:- (i) The power to grant approval may be exercised by an officer not below the rank of Additional Commissioner/Deputy Commissioner. (ii) A detailed record should be maintained of the exemption granted. (iii) Record of the name and addresses of the remitter and addressee in India should be maintained. (iv) Where a spu .....

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