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Old Rs. 500 notes can be used for buying fuel, air tickets only till tomorrow


Kool_SRG

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The deadline for using old Rs. 500 notes at petrol pumps and for airline tickets at airports has been cut short to December 2, instead of December 15, as announced earlier, a government notification said.

While junking old Rs. 500 and Rs. 1,000 rupee notes on November 8, the government had allowed their use for utility bill payments for 72 hours.

This deadline was extended twice and when the last one was to expire on November 24, it amended it to state that only the old Rs. 500 notes could be used for payment of utility bills like electricity and water, school fees, pre-paid mobile top-up, fuel purchase and airline ticket booking.

The old note will continue to be accepted for other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15.

Also, the government has dropped its earlier announced plan to allow the use of Rs. 500 notes for payment of toll at national highways from December 3.

Toll payment in both old Rs. 500 and Rs. 1,000 notes was accepted till December 2, and from December 3, it was to be limited to Rs. 500 notes. But now, this facility too has been withdrawn.

Sources said the move to curtail use of old notes at petrol pumps and highway toll plazas follows reports of the facility being misused to launder black money.

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45 minutes ago, batman said:

good decision to stop further laundering. new notes vachaka bank nunchi theesukoka inka old notes endhi

New notes ekkada unnayi 500 notes have been taken back many places with out even releasing due to printing mistakes...

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1 hour ago, Kool_SRG said:

New notes ekkada unnayi 500 notes have been taken back many places with out even releasing due to printing mistakes...

new 500 notes will of course take time to print. 2000s are available better to use them and share fuel in family or neighbors. or due card for fuel purchase. if u have smart phone and u r decently educated u can use paytm too at pumps.

there is a workaround solution for everything. we need to look at the bigger picture instead of crying for these things

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