Validity of Old Notes Extended till 14.11.2016 * conditions -List enclosed

By | November 12, 2016
(Last Updated On: November 12, 2016)

List of payments allowed with Rs 500/ 1000 Notes

As the Government of India has declared that currency notes of Rs. 500 and Rs. 1,000 denominations will not be valid from midnight of November 8, 2016, citizens will have to surrender the old notes at any branch of a bank or post office to get the new notes. However certain payments were allowed by Indian Govt with Old notes of Rs 500 and Rs 1000 till 11.11.2016. Now the govrnment has extended this date to 14.11.2016 for  the purposes mentioned below:-

Acceptance of old notes till November 14, 2016 for making payment

Govt. had allowed acceptance of old notes till November 14, 2016 for making payment for following purposes:

(a) for making payments in Government hospitals for medical treatment and pharmacies in Government hospitals for buying medicines with doctor’s prescription;
(b) at railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses and airline ticketing counters at airports for purchase of tickets;
(c) for purchases at consumer cooperative stores operated under authorisation of Central or State
Governments and the customers shall provide their identity proof. {Words in Bold are inserted by  Govt Notifications  Dated 11.11.2016 }
(d) for purchase at milk booths operating under authorisation of the Central or State Governments;
(e) for purchase of petrol, diesel and gas at the stations operating under the authorisation of Public Sector Oil Marketing Companies;
(f) for payments at crematoria and burial grounds;
(g) at international airports, for arriving and departing passengers, who possess specified bank notes, the  value of which does not exceed five thousand rupees to exchange them for notes having legal tender character;
(h) for foreign tourists to exchange foreign currency or specified bank notes, the value of which does not exceed five thousand rupees to exchange them for notes having legal tender character.

(i) for making payments in all pharmacies on production of doctor’s prescription and proof of identity;

(j) for making payments on all toll plazas on the State and National Highways; { omitted by Govt Notifications  Dated 11.11.2016 ]

(k) for payments on purchases LPG gas cylinders;

(l) for making payments to catering services on board, during travel by rail;

(m) for making payments for purchasing tickets for travel by suburban and metro rail services;

(n) for making payments for purchase of entry tickets for any monument maintained by the Archeological Survey of India.”.

(o)  for making payments towards any fees, charges, taxes or penalties, payable to the Central or State Governments including Municipal and local bodies;

( p) for making payments towards utility charges including water and electricity which shall be restricted to individuals or households for payment of only arrears or current charges and no advance payments shall be allowed {Words in Bold are inserted by  Govt Notifications  Dated 11.11.2016 }

(q) for payments towards court fees.{Words in Bold are inserted by  Govt Notifications  Dated 11.11.2016 }

3. The Reserve Bank of India shall issue guidelines for exchange of specified bank notes in Nepal and Bhutan.{Words in Bold are inserted by  Govt Notifications  Dated 11.11.2016 }

Read More 

Govt Notifications  Dated 08.11.2016 :Valid Transactions with Bank Note Rs 500 and Rs 1000 w.e.f 09.11.2016 Notified

Govt Notifications  Dated 09.11.2016 Another List of Payments Allowed with Rs 500 / 1000 Notified by Govt dtd 09.11.2016

Govt Notifications  Dated 10.11.2016 Taxes/ Electricity bill etc payment with Rs 500/1000 Notes – Notification by Govt

Govt Notifications  Dated 11.11.2016 Notification-Govt Extended date of Payments with Old Notes till 14.11.16 with Certain Modifications

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