Any person can bring foreign exchange into India without any limit in any form other than currency notes, bank notes and travellers cheques, subject to declaration to the Custom authorities in the prescribed Currency Declaration Form in following cases:
- Where the value of foreign currency notes exceeds $5,000 or equivalent
- Where the aggregate value of foreign exchange (in the form of currency notes, bank notes, traveller cheques etc.) exceeds $ 10,000 or its equivalent
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