MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 17th November, 2016

S.O. 3479(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. 3407 (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 clause (i), with effect from the 18th November, 2016, for the words, letters and figures “value of Rs. 4500/-”, the words, letters and figures “value of Rs. 2000/-” shall be substituted.

2. In the said notification, in paragraph 2, in clause (vi), after the proviso, the following proviso shall be inserted, namely:—

“Provided further that the withdrawal limit provided in the first proviso shall also be applicable to the traders registered with the Agricultural Produce Market Committee (APMC) markets or mandis.”.

[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 number S.O. 3407 (E) dated the 8th November, 2016 and subsequently corrected vide notification number S.O. 3418 (E) dated the 9th November, 2016 and amended vide S.O. 3446 (E) dated the 13th November, 2016 and S.O. 3449 (E) dated the 14th November, 2016.


List of Related Notification by Ministry of Finance is as follows :-

Title Notification No. Date
Notification relaxing cash withdrawal for farmers & for Wedding S.O. 3480(E) 17/11/2016
Notification relaxing cash withdrawal by APMC Traders & Change in Cash Exchange Limit S.O. 3479(E) 17/11/2016
Notification relaxing cash withdrawal for farmers & for Wedding S.O. 3480(E) 17/11/2016
Notification relaxing cash withdrawal by APMC Traders & Change in Cash Exchange Limit S.O. 3479(E) 17/11/2016
No Change in ATM Cash withdrawal Limit from 19.11.2016 S.O. 3449(E) 14/11/2016
Exemptions for acceptance of old Rs. 500 & 1000 notes to continue till 24.11.2016 S.O. 3448(E) 14/11/2016
Exceptions to withdrawal of ₹ 500 & ₹ 1000 Banknotes S.O. 3447(E). 13/11/2016
RBI Increases Daily / Weekly / ATM Cash withdrawal limit S.O. 3446(E) 13/11/2016
Exemptions to cancellation of Rs. 500 & 1000 notes to continue till 14.11.2016 S.O. 3445(E). 11/11/2016
Govt notifies withdrawal of bank notes of ₹ 500 & 1000 S.O. 3418(E) 08/11/2016
Govt notifies denomination of ₹ 2000 Bank note S.O. 3417(E) 09/11/2016
Use old 500 & 1000 notes on Toll Plaza, for LPG Cylinder etc. S.O. 3416(E) 09/11/2016
Old demonitised notes can be used to pay Govt Tax, Fees & Penalty S.O. 3429(E). 10/11/2016
Govt notifies denomination of ₹ 2000 Bank note S.O. 3409(E) 08/11/2016
Exceptions to withdrawal of ₹ 500 & ₹ 1000 Banknotes S.O. 3408(E) 08/11/2016
Govt notifies withdrawal of bank notes of ₹ 500 & 1000 S.O. 3407(E) 08/11/2016

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