Wef 03.12.2016 Old Rs. 500 notes cannot be used at for purchase of petrol, diesel and gas at the stations operating under authorisation of Public Sector Oil Marketing Companies and at airline ticketing counters at airports for purchase of tickets

New Delhi, the 30th November, 2016

S.O. 3598(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, namely:—

1. In the said notification, with effect from the 3rd December, 2016, in paragraph 1,—

(i) for clause (b), the following clause shall be substituted, namely:—

“(b) at railway ticketing counters and ticket counters of Government or Public Sector Undertaking buses for purchase of tickets;”;

(ii) clause (e) shall be omitted.

[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. 3408(E) dated the 8th November, 2016 and subsequently amended vide notification numbers S.O. 3416(E) dated the 9th November, 2016, S.O. 3429(E) dated the 10th November, 2016, S.O. 3445 (E) dated the 1 1 th November, 2016, S.O. 3447(E) dated the 13th November, 2016, S.O. 3448(E), dated the 14th November, 2016, S.O. 3480(E) dated the 17th November, 2016, S.O. 3489(E) dated the 18th November, 2016, S. 0. 3490(E) dated the 20th November and S.O. 3544(E) dated the 24th November, 2016.

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Category : Fema / RBI (3547)
Type : Notifications (16076) Notifications/Circulars (32598)
Tags : black money (739) Demonetization (479) RBI Notifications (2012)

One response to “Old 500 Note cannot be used at Petrol Pump and for Air Ticket Purchase wef 03.12.2016”

  1. CA. S.C.Podder says:

    How long they will make changes ?

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