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Is there any time frame for a traveller who has returned to India is required to surrender foreign exchange?

April 26, 2017foreign exchange frame India RETURNED surrender time Traveller

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Is there any time frame for a traveller who has returned to India is required to surrender foreign exchange?

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On return from a foreign trip travellers are required to surrender unspent foreign exchange held in the form of currency notes within 90days and travellers cheques within 180 days of return. However, they are free to retain foreign exchange upto USD 2,000, in the form of foreign currency notes or TCs for future use or credit to their RFC(Domestic) Account without any limit.