Thursday, November 10, 2016

Don't cancel tickets booked with old notes: Govt to airlines

New Delhi: Government has directed airlines to ensure tickets issued using the now-withdrawn Rs 500 and Rs 1,000 notes directly from counters at airports are "non-refundable" following an unusual surge in such bookings since the high-value currencies were demonetised two days ago.
Stepping up the fight against the black money menace, the government has demonetised the two high-denomination notes, but their use has been allowed for select purposes, including purchasing tickets from counters for air travel, train journey and travel in government-run buses till November 11.
The government's directive to airline operators came amid concerns that unscrupulous elements could be using air ticket booking as a means to convert their unaccounted cash into legal transactions by cancelling the bookings later and take back the refund.
Sources said the directive came from the "top level" in the government.
Aviation regulator DGCA has asked the airlines to strictly make sure customers booking through counters at airports using the withdrawn Rs 500 and Rs 1,000 notes are not able to cancel or get any refund for such tickets, they added.
10/11/16 PTI/Business Standard
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