India Modifies Currency Declaration Regulations

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DELHI – Airline passengers travelling to India will soon be required to declare Indian currency exceeding Rs10,000 according to new customs regulations that will be implemented March first.

According to the new Finance Ministry regulations under the 2014 Customs Baggage Declaration (Amendment) Regulations, passengers will also be required to declare the number of bags, including hand baggage, they are bringing into the country.

The new Indian Customs Declaration Form will feature additional fields for the declaration of dutiable and prohibited goods, such as gold jewelry and bullion, in addition to baggage and currency.

Fields from the previous version of the declaration form will also be carried over including those concerning satellite phones, foreign currency exceeding US$5000, meat and meat products, dairy products, fish or poultry products and botanical materials.

Passengers will also be required to provide details of countries visited in the previous six days.

The new regulations are  expected to simplify international travel for Indian citizens by requiring that Indian travelers only complete an immigration form when exiting the country. From March first, there will be no required immigration form for Indian citizens returning from abroad.

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