Rs 500, Rs 1,000 ban: Govt extends use of old notes for paying public utility bills by another 72 hours

The government on Friday extended 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 14 November as it struggles to make available alternative currency.

PTI November 11, 2016 20:04:42 IST
Rs 500, Rs 1,000 ban: Govt extends use of old notes for paying public utility bills by another 72 hours

New Delhi: The government on Friday extended 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 14 November as it struggles to make available alternative currency.

While withdrawing Rs 500 and Rs 1,000 notes from the night of 8-9 November, the government had allowed use of the old currency at government hospitals, railway ticketing, public transport, airline ticketing at airports, milk booths, crematoria/burial grounds and petrol pumps for 72 hours.

Rs 500 Rs 1000 ban Govt extends use of old notes for paying public utility bills by another 72 hours

Representational image. PTI

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.

The time limit set was to expire Friday midnight, but it has now been extended by another 72 hours, top government officials said.

The government has allowed use of the old currency to make payments at co-operative stores subject to valid identity proofs being provided.

Public utility bills include only household bills. Court fee will also be allowed to be paid in old 500 and 1,000 rupee notes.

Old Rs 500, Rs 1000 notes will be accepted for payment of fees, charges, taxes, penalty to central and state governments, including municipalities and local bodies.

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 14 November.

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