GOVT has declared that 500 and 1000
notes cease to be legal tender wef 08/11/2016(midnight). However keeping in
view the problem to general public govt has allowed 8 places where you can use old notes of 500/1000 till
11.11.2016.
However now govt has allowed 8 new
ways where you can use old notes till 11.11.2016.The list is given in the
notification given below.
Further Economic Affairs Secretary,
Shaktikanta tweeted that such old notes of Rs 500 and Rs 1000 would be valid
till November 11, 2016 for payment of utility bill like
water, electricity, etc. He further said that such old notes can also be
used for payment of fees, taxes and penalties to the
Central and State Govt. including Municipality and local bodies.(notification
given below)
MINISTRY OF FINANCE
(Department of Economic
Affairs)
NOTIFICATION
New Delhi, the 9th November, 2016
S.O. 3416(E).—
In exercise of the powers conferred
by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of
1934), the Central Government hereby amends the notification of the Government
of India, Ministry of Finance, Department of Economic Affairs number S.O. 3408(E) dated the 8th November, 2016 published in the
Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) dated the
8th November, 2016, namely:-
1. In the said notification, in
paragraph 1, after clause (h), the following clauses shall be inserted, namely
:-
- (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;
- (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.”.
[F. No. 10/03/2016-Cy.I] Dr. SAURABH
GARG, Jt. Secy.
MINISTRY OF FINANCE (Department of
Economic Affairs)
NOTIFICATION New Delhi, the 10th
November, 2016 S.O. 3429(E).—
In exercise of the powers conferred
by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of
1934), the Central Government hereby further amends the notification of the
Government of India, in the Ministry of Finance, Department of Economic Affairs
number S.O. 3408(E) dated the 8th November, 2016 published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (ii) dated the 8th
November, 2016:-
1. In the said notification, in
paragraph 1, after clause (n), the following clauses shall be inserted, namely
:-
- “(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.”
[F. No. 10/03/2016-Cy.I]
Dr. SAURABH GARG, Jt. Secy.
Note : The principal notification
was published in the Gazette of India, Extraordinary, Part II, Section 3,
Sub-section (ii) vide notification under S.O. 3408(E) dated the 8th November,
2016 and subsequently amended vide notification under S.O. 3416(E) dated the
9th November, 2016.
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