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

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sub:- 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. Representations have been received by Board regarding lack of clarity in the use of INR credit cards/debit cards for making payments by passengers at duty free shops located at International Passenger Terminals. It has been stated that merc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or credit cards at Duty Free Shops, without any need for conversion of foreign currency into Indian Rupees. 3. Further, Board has also decided that for the effective implementation of the above, DFS shall, henceforth, mandatorily display the price of all goods on sale in Indian Rupees only. 4. In view of the foregoing - (i) Instructions contained in para 2 and 3 of Circular 31/2016 dated .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Free Shops shall, henceforth, only be displayed in INR only and, any passenger desiring to make 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; Difficulties if any in implementation of the above facility may be brought to the notice of the undersigned. (Authority:- CBEC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X