The Finance Ministry has directed all duty-free shops at international airports to display the price of items only in rupees and accept card payments in the Indian currency. In a circular, Central Board of Excise and Customs said Prevailing exchange rate will be applicable if purchases are made in foreign currency. Currently, the price of goods sold at duty-free shops at international passenger terminals are displayed in US dollars and the forex conversion charges are borne by the passengers along with transaction fee and other levies.
News On AIR | December 20, 2017 8:24 AM
Fin Min directs all duty-free shops to display prices in rupee and accept card payments in Indian currency