Sale of goods and display of prices at duty free shops in Indian currency – amendment of circular 31/2016 - Customs dated 6th July 2016 – Reg

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..... ecember 2017 To, The Principal Chief Commissioners/Chief Commissioners/ The Principal Commissioners/Commissioners of Customs Subject:- Sale of goods and display of prices at duty free shops in Indian currency - amendment of circular 31/2016 - Customs dated 6th July 2016 - Reg. Sir/Madam, Representations have been received regarding lack of clarity in use of INR credit cards/debit cards for m .....

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..... nd clarification of RBI, it has been decided to extend the facility of payments in Indian rupees, through INR debit cards or credit cards at Duty Free Shops, without any need for conversion of foreign currency into Indian Rupees. 3. Further, it has also been decided that for the effective implementation of the above, DFSs shall, henceforth, mandatorily display the price of all goods on sale in In .....

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..... ar any attendant charges for conversion of foreign exchange; (v) Since prices of merchandise for sale at a Duty Free Shops shall, henceforth, only be displayed in INR, any passenger desiring to make a payment in any foreign currency, shall be charged in foreign currency by applying the rate of exchange notified under Section 14 of the Customs Act, 1962 from time to time; 5. Difficulties, if any, .....

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