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Legal Cash Limit

Discussion in 'Breaking News' started by Taranjeet singh, Apr 4, 2012.

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  1. Taranjeet singh

    Taranjeet singh India
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    I am stuck up and hope you might have the correct answer.
    Kindly advise?
    How much cash can one carry in person as per Indian law? Also state the relevant law. My friends from other countries can state the limits as per their country's laws.
     
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  3. Kanwaljit Singh

    Kanwaljit Singh India
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    I have never heard of any such limit!
     
  4. ballym

    ballym
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    A person coming into India from abroad can bring with him foreign exchange without any limit. However, where the aggregate value of foreign exchange in the form of foreign currency notes, bank notes, travelers' checks, etc., exceeds $10,000 (out of which there is a separate ceiling on currency notes of $5,000) it should be declared to the customs authorities at the port of arrival in the Currency Declaration Form.
    THIS is reply from A n Shanbhag, an expert

    PS: You can use google for such questions
     
  5. Gyani Jarnail Singh

    Gyani Jarnail Singh Malaysia
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    You are NOT allowed to carry IN..Rupee in CASH. Any such currency notes can be confiscated...only Foreign currencies allowed IN or OUT.
     
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