NRI's CORNER
F.E.M.A.
IMPORT OF FOREIGN CURRENCY

 NRIs CORNER - IMPORT OF FOREIGN CURRENCY

 
1.An NRI may bring into India any amount of foreign exchange (other than unissued notes)
  1. An NRI is required to submit on arrival in India, a declaration to the Custom Authorities in "Currency Declaration Form - CDF " the details regarding foreign exchange bought in India.

[ Currency Declaration Form - CDF]

  1.  However, no such declaration is necessary if
    1. The foreign exchange bought in India in form of currency notes, bank notes, or travellers cheques does not exceed US$ 10,000 or its equivalent.
       
    2. The foreign currency notes bought in does not exceed US$ 5000 or equivalent.
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