The Website (https://www.rctrips.com) provides foreign currencies and travel cards for the purpose of travel and holiday only. All transactions are followed by RBI guidance and applicable laws.
RCTRIPS may or may not control any actual transaction. The stage of the final execution of the confirmed transaction, wherein the channel partner physically or digitally hands over the forex/currency as confirmed to the user in the order shall be termed an actual transaction. The Website's Users and its channel partners are not responsible for any non-performance or breach of any contract entered into between the users and our channel partners. There is a not guarantee that the concerned channel partner will perform any transaction concluded on the Website if the transaction is a no-obligation transaction. Ts not required to mediate or resolve any dispute or disagreement between the user and the channel partner, if there is any dispute between the channel partner and the user then the user or channel partner must endeavour to communicate directly and resolve such issues with the channel partner or user respectively.
The completion of all booked and confirmed orders placed by the user are subject to availability of the specifically ordered Foreign Exchange products. In case of No-obligation orders, we reserve the right to change the transacting rates of the Foreign Exchange Products on the basis of the availability of the specifically ordered Products at the time of the actual transaction.
All Foreign Exchange transactions are subject to Government Taxation, Current GST / SGST incorporating all Amendments are as follows:
Applicability of GST/SGST as per order size:
As stipulated by the Government of India, any conversion from one currency to another - sale, encashment & remittance will be charged a GST/SGST on the gross amount of currency exchanged as per the following slabs:
0.18% of the gross amount of currency exchanged for an amount upto Rs 100,000, subject to the minimum amount of ₹ 45
₹ 180 and 0.09% of the gross amount of currency exchanged for an amount of rupees exceeding Rs 100,000 and upto Rs 10,00,000
₹ 990 and 0.018 % of the gross amount of currency exchanged for an amount of rupees exceeding ₹ 10,00,000, Subject to Maximum of ₹10,800/-
GST / SGST rates, rules may change from time to time, our channel partners will charge applicable GST / SGST. While efforts will be made to update amendments in GST / SGST on the Website, we take no responsibility if the latest amendments are not immediately updated on the Website.