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Section 6: Import of foreign exchange into India

Foreign Exchange Management (Export and Import of Currency) Regulations, 2015.Central Regulations · 1999

A person may -

(a) send into India without limit foreign exchange in any form other than currency notes, bank notes and travellers cheques;

(b) bring into India from any place outside India without limit foreign exchange (other than unissued notes), provided that bringing of foreign exchange into India under clause (b) shall be subject to the condition that such person makes, on arrival in India, a declaration to the Custom authorities in Currency Declaration Form (CDF) annexed to these Regulations;

provided further that it shall not be necessary to make such declaration where the aggregate value of the foreign exchange in the form of currency notes, bank notes or traveller's cheques brought in by such person at any one time does not exceed US$10,000 (US Dollars ten thousands) or its equivalent and/or the aggregate value of foreign currency notes brought in by such person at any one time does not exceed US$ 5,000 (US Dollars five thousands) or its equivalent.

Where this provision sits

ActForeign Exchange Management (Export and Import of Currency) Regulations, 2015.
Section6
Marginal noteImport of foreign exchange into India
JurisdictionCentral
StatusIn force as published by the source

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