Old Rs 500 notes can’t be used at petrol pumps, air ticket counters after December 2

On November 24, the exemptions for acceptance of Rs 500 had been extended till December 15 in certain transactions.

By: Express Web Desk | New Delhi | Updated: December 1, 2016 1:39 pm
Demonetisation, demonetisation news, cash crisis, cash crunch, RBI-demonetisation, petrol pump, old 500 note, old 500 note in petrol pump, old 500 for flight tickets, 500 note ban, 1000 note ban, India news, Indian Express The government Thursday said the old Rs 500 notes will be accepted at petrol pumps and for airline tickets only till December 2 — and not till December 15 — as announced earlier.

The government Thursday said the old Rs 500 notes will be accepted at petrol pumps and for airline tickets only till December 2 — and not till December 15 — as announced earlier. The Indian Express had reported that the government was likely to withdraw exemptions on banned notes before December 15 deadline.

WATCH VIDEO: Petrol Pumps, Air Ticket Counters Will Not Accept Old Rs 500 Notes After 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, a government notification said. The old notes, however, can still be used to make other utility bill payments and at railway ticketing counters till December 15. They will also be accepted at counters of public sector undertaking buses for purchase of bus tickets

On November 24, the exemptions for acceptance of Rs 500 had been extended till December 15 in certain transactions. It is learnt that the government assessed that many such exemptions blocked new currencies from reaching to the public.

“Wherever old currencies are allowed, some are using them just to change the old currencies into new. For example, the new currencies from the customers in petrol pumps do not reach the bank. Instead they go to those who want to convert,” a source in the government had told The Indian Express.

WATCH VIDEO: No cash, no relief for people at petrol pumps

“At one point you will have to stop this ensure smooth circulation of the legally tendered currencies. There is a suggestion that all exemptions should be stopped. Because an average citizen is not getting the new currencies,” the source said.

 

 

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  1. A
    ashok s
    Dec 1, 2016 at 11:00 am
    Baba ramdev adviced modi to print lower denominations and demonetized the large ones as his pita jali products are in that price range . but modi printed rs 2000 note , this went against baba s advice so he gave a shrappp. We ate bearing the side effect of that shraappph
    Reply
    1. A
      ashok s
      Dec 1, 2016 at 10:52 am
      Modi simply helped his friends from Gujarat, Maharashtra,mp, Rajasthan in converting their black money . poor are resilient and will always remained so
      Reply
      1. A
        ashok s
        Dec 1, 2016 at 10:02 am
        First give reliance petrol pump to accept the demonetized currency , after currency is successfully converted , this diktat comes out
        Reply
        1. A
          ashok s
          Dec 1, 2016 at 10:03 am
          Modi will vanquished in fog of Delhi.
          Reply
          1. R
            Raj
            Dec 1, 2016 at 1:28 pm
            TO be honest, Modi impressed me with this demonetization. He has shown that he has the guts necessary to implement serious stuff if he is convinced - this is leadership 101, guts. Sure, he is an illiterate person, but his experiences show and India needs a solid leader now than ever before. I would love to see Tharoor up there one day too - it would be a good team, but Tharoor is in wrong company (INC is a family business these days).lt;br/gt;lt;br/gt;Can there be a third non-right/non-left alternative in India that is not dynastic? his have practically gifted India to the BJP for the next 20 years (uming that's the time Rahul hi will be alive and be heading Congress).lt;br/gt;lt;br/gt;But I think Modi is a good leader - you can deny it all you like, but if you deny facts, you end up looking like the fool.
            Reply
            1. D
              Deshu
              Dec 1, 2016 at 9:14 am
              It is nice move of Modi Govt that old Rs 500 notes can’t be used at petrol pumps, air ticket counters after 2nd December 2016.Converting black money in to white is very at Petrol Pumps.50% of news notes can be easily exchanged or replaced with Rs 500 Notes.
              Reply
              1. O
                Onn Bar-Av
                Dec 2, 2016 at 10:54 am
                India closes a demonetization loop. Gas stations and airline counters, which were given a temporary exemption, will no longer recognize the discontinued Rs500 notes, as the government continues its attempt to squelch the shadow economy
                Reply
                1. B
                  Bijan Mohanty
                  Dec 1, 2016 at 10:08 am
                  Modi has made a complete mess of demonetisation.
                  Reply
                  1. A
                    Abhishek Sinha
                    Dec 1, 2016 at 9:47 am
                    U turn specialist govt is changing their own decisions at the turn of hat.
                    Reply
                    1. R
                      Rohith
                      Dec 1, 2016 at 10:11 am
                      Everyday a new rule. A new disaster. People are dying. Is this the people's govt. that our Consution guarantees?
                      Reply
                      1. D
                        DD
                        Dec 1, 2016 at 5:40 am
                        and the suffering continues
                        Reply
                        1. E
                          Eric
                          Dec 1, 2016 at 6:10 am
                          Loves me - loves me NOT - loves me - loves me NOT -lt;br/gt;Kabhi haan - kabhi naa - kabhi haan - kabhi naa -lt;br/gt;Loves me - loves me NOT - loves me - loves me NOT -lt;br/gt;Kabhi haan - kabhi naa - kabhi haan - kabhi naa -lt;br/gt;lt;br/gt;Yep, yep, yep - that's PROGRESS!
                          Reply
                          1. A
                            Ash Mike
                            Dec 1, 2016 at 2:16 pm
                            Goalposts moved again.
                            Reply
                            1. T
                              Tomar
                              Dec 1, 2016 at 9:55 am
                              this is utterly irresponsible decision making of this government. Does Modi think all indians are his slaves, that they will live dance at his call? No planning, the country is being run at whims and fancies of one person. Many honest people are getting the stick in this, while the black money has already been converted into white.
                              Reply
                              1. J
                                jugnu Singh
                                Dec 1, 2016 at 8:20 am
                                Clearly shows that the Government is increasingly jittery as more and more demonitised currency notes are getting reported in the system. Seems to be another effort to ensure that at least a few lakh crores should remain unreported. Otherwise what PC said - its not 'notebandi' but only 'notebadli' will come true. BTW a joke is doing rounds - what happens if the reported currency exceeds the total quantum in circulation???? Very scary proposition.
                                Reply
                                1. J
                                  jugnu Singh
                                  Dec 1, 2016 at 8:24 am
                                  Hope the date 31 December for depositing is not suddenly advanced ... I know many people waiting for the queque to ease out and then go to the bank for deposit. It will be cruel to advance the date without giving adequate notice. I have also been wondering what Government's response will be if on 31st December there are unending queues for deposit.
                                  Reply
                                  1. M
                                    Mayur Panghaal
                                    Dec 1, 2016 at 12:31 pm
                                    Ha ha ha ha ha ha......what a day !!!lt;br/gt;India has been made a basket case by feku !!lt;br/gt;Chai le lo chai !!
                                    Reply
                                    1. M
                                      Mayur Panghaal
                                      Dec 1, 2016 at 12:38 pm
                                      I want to hear these foolish announcements from Charlie chaplin Shashikanta Das.Atleast he makes a comic show.
                                      Reply
                                      1. M
                                        Mayur Panghaal
                                        Dec 1, 2016 at 12:36 pm
                                        India wanted chaiwala....now he has turned all Indians into chaiwala.lt;br/gt;Ha ha ha ha ha ......sword in monkeys hands...and he will chop everything he sees.lt;br/gt;Ha ha ha ha ha
                                        Reply
                                        1. M
                                          Miss F
                                          Dec 1, 2016 at 2:51 pm
                                          Make up your mind Dear Modi Government.
                                          Reply
                                          1. S
                                            Sunil
                                            Dec 1, 2016 at 10:20 am
                                            Well you have been slaves of the Nerhu/his for a long time. Now steps are being taken to free you, but you have to have a bit of pain .. you want Mama Italy back.
                                            Reply
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