General permission for release of imported currency through post – reg

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..... i) of Foreign Exchange Regulation Act, 1973, no person could bring or send into India any foreign exchange or Indian currency except with special or general permission of Reserve Bank of India. Parcels/packets suspected to contain foreign/Indian currency, etc., were to be detained and adjudicated on merits. 2. Import of Indian currency notes and coins by post is not permitted. However, whenever s .....

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..... ons: (a) the power to grant approval is exercised at a fairly senior level in the Customs; (b) a detailed record should be maintained of the exemptions granted; c) record of the name and addresses of the remitter and addressee in India should be maintained; and (d) where a spurt is noticed in the number of covers received over a time, the matter may be reported to the concerned Regional Of .....

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