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With effect from the midnight of 2nd December, 2016, old ₹ 500 bank notes will not be accepted at petrol, diesel and gas outlets of Public Sector Oil and Gas Marketing Companies as well as for purchase of Air Tickets at Airports; However, supply of LPG continues to be in the exempted category for the purpose of payment through old ₹ 500 bank notes

News and Press Release - Dated:- 1-12-2016 - After the cancellation of legal tender character of old ₹ 500 and ₹ 1000 denomination bank notes, the Government had exempted certain categories of transactions wherein the old high denominatio .....

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a specified date. The processes of production, dispatch and distribution of currency notes have been continuing and more cash is flowing into the system steadily. The digital transactions have also made an impressive progress and are expected to sig .....

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to accept payments through digital means. Hence, it has been decided that with effect from the midnight of 2nd December, 2016, petrol, diesel and gas outlets of Public Sector oil and gas marketing companies will be removed from the exempted category .....

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