Currency Ban: As ATMs Run Dry, Govt Allows Use of Old Rs 500 and Rs 1,000 Notes to Pay for Key Utilities till Nov 14

Insiderty

Editor

posted on 8 years ago — updated on 1 second ago

43
views

The government on Friday extended the use of old Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees as well as purchases from co-operative stores by another 72 hours to November 14 as it struggles to make available alternative currency.

This list was later expanded to include payments for metro rail tickets, highway and road toll, purchase of medicines on doctor prescription from the government and private pharmacies, LPG gas cylinders, railway catering, electricity and water bills and ASI monument entry tickets.

Payments for utility bills will be restricted to individuals /households for arrears or current bills. No advance payments will be allowed? ANI (@ANI_news) November 11, 2016

Such old notes will also be accepted for payment of utility charges like water and electricity.

The official said while the old notes were allowed to be accepted for highway toll payment, the Ministry of Road Transport and Highways has freed national highways of any toll charges till November 14.