Kumari Palany & Co

Old Rs 500 notes will not be accepted in airports and petrol bunks from 3rd December

Posted on: 01/Dec/2016 12:19:38 PM
Prime Minister Narendra Modi while addressing the nation on November 8, had announced that currency notes of Rs 500 and Rs 1,000 would no longer be considered valid and that citizens should get them exchanged or deposited in banks at the earliest.
 
Following the announcement, the government had said that the usage of old notes would be allowed at petrol pumps, Dairy and other government milk booths, government hospitals, railway ticketing and crematoria and burial grounds till December 15 and also allowed the old notes to be used for metro rail tickets, highway toll, medicine prescribed by a doctor, LPG gas cylinders, railway catering, electricity and water bills and entry tickets of ASI monuments.
 
Now the government on Thursday said that petrol pumps, LPG stations and air ticket counters will accept old Rs 500 notes till December 2. With effect from December 3, 2016, old Rs 500 notes cannot be used for purchase of petrol, diesel and gas at the stations operating under authorisation of public sector oil marketing companies and for buying airline tickets at airport counters