Petrol Pumps, Toll Plazas Won't Accept Old 500 Notes From December 3: Latest Updates

Old 500 notes at petrol pumps and for buying airline tickets at airports can be used till December 2, instead of December 15 as announced earlier. 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. 

Also, the government has dropped earlier announced plan to allow the use of 500 rupee notes for payment of toll at national highways from December 3. 

The old 500 rupee note will however continue to be accepted for the other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15. 

Initially, while junking old 500 and 1,000 rupee notes on November 8, the government had allowed their use for utility bill payments for 72 hours. 

This deadline was later extended twice and when the last one was to expire on November 24, the government amended it and allowed use of old 500 rupee notes for payment of utility bills like electricity and water, school fees, pre-paid mobile top-up, fuel purchase and airline ticket booking.