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submitted by throwdemonetiztion to /r/india
My brother lives in the UK and sent about Rs.30,000 in old notes by courier to my dad. They got hold of it in Airport customs and issued a memo to my dad to get NOC from RBI. Any idea how to get NOC? Or is it even possible to get NOC, since the deadline is passed? What if we leave it unclaimed, will that cause an issue for us? Please let me know if you have any suggestions.
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[-]asecondhandlife 31 points (1 children)
this has nothing to do (from the perspective of customs) with demonetisation. it's an existing rule under FEMA.
Under the provisions of Foreign Exchange Management Act, 1999, no person may bring or send into India any foreign exchange or Indian currency except with special or general permission of the RBI. Import of Indian currency notes and coins by post is not permitted
no idea about how to proceed or other implications.
[-]badbola 8 points (3 children)
Can the demonetized notes be considered as currency at all ?
[-]minionofevil 6 points
Good point.
I was planning on doing the same thing (send old notes through post) but looks like I escaped the hassle by essentially giving up my money as lost.
[-]lordbuddha 5 points (1 children)
It's not valid currency, but still a property of the RBI.
[-]awkward_pause_ 1 points
It is a contact right? How is it a property of RBI?
[-][deleted] 1 points - [removed]
[likely removed by automoderator]
[-]new-monk 28 points (1 children)
It was quite naive to send the currency through post to be very frank. I am surprised if the courier company was told about the true nature of the parcel as I doubt they would have carried it in the first place.
[-]persuader00 15 points (2 children)
Why not? Modi-ji said it was useless pieces of paper! :-)
[-]Shaktiman1339 14 points (1 children)
Which is illegal to hold
[-]InternetOfficer 7 points - [removed] (1 children)
My dick is illegal to hold. It doesn't mean I don't do it.
[-]ass_j0ck3y 3 points (1 children)
It is illegal for your sister to hold, not you officer.
[-]InternetOfficer -1 points - [removed] (2 children)
You don't know how to spell awesome, do you?
[-]ass_j0ck3y 1 points
...
[-]SHITPOSTER_IN_CHARGE 1 points (1 children)
Unban kaise hue aap?
[-]InternetOfficer 1 points - [removed]
had to suck few dicks. Got $10 as change too
[-]new-monk 4 points
Not untill 31st March and after that it will be illegal to possess them.
[-]dickpenguin 8 points (1 children)
Sorry to be so blunt, but it was an incredibly stupid move. Doing a simple "Unacceptable Materials x courier" search could've revealed shipping currency is illegal.
Your best bet is to leave it unclaimed. They'll ship it back (highly unlikely) and even if you get ahold of these notes, they're worthless anyway.
And why the fuck would you hold 30 grand in INR and not some hard currency? 5-6k makes sense but 30k? WTF?
[-]milolai 1 points (1 children)
because truthfully 30k is not a lot of money anywhere else but India.
it's what a cook makes in a kitchen anywhere else int he worldfor working 3 days.
[-]moojo 1 points (1 children)
Why would you need 30k inr cash outside India?
[-]milolai 1 points
you don't.
but it's not an abnormal amount or enough to get worried about. you carry a few thousand when you travel and it builds up.
would you ask an Indian why they have $400 usd or 360 pounds on them? this is not worth any more.
[-]MialoKoukoutsi 7 points
A friend sent some old Greek Drachma coins (withdrawn since 2001) to turn into jewellery. Indian customs wouldn't release the parcel. They agreed that the currency was no longer valid but said get RBI permission, since regulations required it.
Finally, just told them to send it back to the sender. They did.
[-]euphemism_illiterate 4 points
Consult a lawyer/CA. Should have contacted the embassy for guidelines in the first place
[-]saitanay 3 points
Demonetization or not, it is always a screwed up idea to send currency by courier. The courier can refuse to deliver it since it was never declared to them that it contains currency. Customs can also hold it indefinitely.
[-]z921 3 points (3 children)
You really can't post Indian currency across border like that! It's illegal. You can get a lawyer/CA to sort this out for you, but they are likely to charge you as well.
Edit: Also why is your brother holding such a large amount in Indian currency abroad? USD in cash is accepted all over the world but INR is not. Why keep so much in INR abroad? The legal limit for carrying cash abroad is INR 7,500/- Something about this does not sound right to me.
[-]_dexter 6 points (1 children)
The legal limit for carrying cash abroad is INR 7,500/-
The limit to bring in INR as cash is 25,000/-
[-]feel_good_factor 2 points (1 children)
still sent amount is higher than legal INR holding limit
[-]hybrid184 1 points (1 children)
And your point is? A foreigner/NRI could have made multiple trips over the years taking with them 5-10,000 Rs at anytime to save themselves from the hassle of doing a forex conversion the next time they came back to India. There are perfectly valid reasons to simply have what basically amounts to $440 USD in foreign currency.
[-]ShikariShambhu 1 points (1 children)
A foreigner/NRI could have made multiple trips over the years taking with them 5-10,000 Rs at anytime
So there should be no limit on amount you can bring back with this logic?? They have to limit it at some number to avoid other misuses. Current limit is INR25K.
[-]icebergiceberg 0 points (1 children)
30k is a large amount? I don't even notice 30k INR in my pocket. It used to be 30 notes in total.
Change your name to Bhikhari Shambhu.
[-]ShikariShambhu 1 points
30k is a large amount? I don't even notice 30k INR in my pocket.
Where did I say that? And not sure what your point is here. My point was that law had to draw a line and the current line is at 25K.
[-]goddamit_iamwasted 2 points
It's not currency any longer.
[-]hsnk42 2 points
A lot of my family lives abroad. They generally carry back Indian currency when they leave. All put together, they had significantly higher than OP's amount. My uncle brought it last month (don't know how he passed customs) and deposited into his account.
[-]serialposter 2 points
Foolish move.
[-]Brainfuck 1 points (1 children)
Deadline to deposited in banks is passed. Deadline to deposit in RBI is till 31st March 2017. Get in touch with RBI and see if it's possible to get NoC. 30K is not too much over the allowed amount, so should not be a problem.
[-]ShikariShambhu 1 points (1 children)
30K is not too much over the allowed amount
The amount allowed to be sent in mail is 0.
[-]Brainfuck 1 points (1 children)
Of course. But these are unusual circumstances, so RBI might allow.
[-]ShikariShambhu 1 points
my point was issue may not have been extra 5K over 25K limit but the fact 30K was sent through mail across border. your suggestion makes perfect sense if they had detained someone with 30K on person.
[-]ion_ 1 points
Apply for NOC from RBI, else speak to lawyer/CA if you still manged to get even 10K out of it(after CA fee ) still PROFIT
[-]honest_wtf 1 points
May be quote our PM mudiji and say since nov 8 all the 500s and 1000s are nothing but "....keval kagaz k tukde ke samaan reh jaayengey.." ..
So you should have put that as some waste paper documents while sending..
[-]piezod 1 points
He'll prob have to go topless at the RBI gate.
[-]maasahari 0 points
That has nothing to do with demonitization. I had my t-shirt held at the customs.
Really randia..one day old accounts to spread shit? Is the AAP that desperate?
[-][deleted] 1 points - [removed]
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