The customs department has unearthed a new modus operandi of sending demonetised Rs 500 and Rs 1,000 notes abroad by courier to get them converted here later. Customs officials have registered a few cases, where demonetised banknotes were sent abroad by courier, and seized over Rs 1 lakh in such notes, a senior official said on Sunday. Read morePeople were found trying to send the old notes abroad by falsely declaring them as articles such as books, he said. “The aim could be to take help of their relatives or friends abroad to get the old notes exchanged with the new ones,” the official said. The customs official, who are keeping an eye on outbound parcels at foreign post office here, found them having demonetised notes.

Source: Hindustan Times April 09, 2017 04:18 UTC