Amazon, the e-commerce giant, will cease to accept Rs 2000 notes as payment for cash-on-delivery services starting from September 19. This decision aligns with the impending deadline of September 30 for exchanging Rs 2000 notes. However, Amazon has clarified that if customers receive their ordered goods through a third-party courier partner, they can still use Rs. 2000 notes for payment.
In May of the same year, the Reserve Bank of India had issued an announcement about discontinuing the circulation of Rs 2000 notes. It was specified that these notes could be deposited and exchanged at banks until September 30. Furthermore, the notes would not lose their validity even after this cutoff date. Notably, the Rs 2000 notes were introduced by the Reserve Bank following the demonetization implemented by the Modi government on November 8, 2016, but their printing was discontinued in the fiscal year 2018-19.
