Dubai to India Gold Limit: How much gold can you bring from Dubai without getting stuck in customs check? Know the rules

 | 
vgasgaw

Dubai to India Gold Limit: After the arrest of actress Ranya Rao, people have raised questions about how much gold can be brought from Dubai without getting stuck in customs checks? Know the rules and legal limits.

Dubai to India Gold Limit: On Monday, March 3, famous Kannada and Tamil film actress Ranya Rao was arrested on charges of gold smuggling at Bengaluru airport. The Directorate of Revenue Intelligence (DRI) team recovered 14.2 kg of gold from her, the estimated value of which is said to be Rs 12.56 crore. After this incident came to light, the question arising in the minds of the people is how much gold is allowed to be brought to India from abroad, especially Dubai, and what rules apply for this?

If you are planning to bring gold from abroad to India, then you should be aware of the limits and custom duty rules set by the government. The Central Board of Indirect Taxes and Customs (CBIC) has set some guidelines for bringing gold into India.

How much gold can you bring?

Duty free limit

  • Male traveller: Up to 20 grams of gold (maximum value of Rs 50,000)
  • Female traveller: Upto 40 grams of gold (maximum value of Rs 1,00,000)
  • Children below 15 years: Up to 40 grams of gold

There will be no custom duty on bringing gold within this limit. If passengers bring more gold than this amount, they will have to pay custom duty.

Custom duty rates for male passenger

Amount of gold custom duty (%)

Amount of gold custom duty (%)
Upto 20 grams (worth Rs 50,000) No charges
20 – 50 grams 3%
50 – 100 grams 6%
More than 100 grams 10%

Custom duty rates for female passenger

Amount of gold custom duty (%)

Amount of gold custom duty (%)
Upto 40 gms (worth Rs 1,00,000) No charges
40 – 100 grams 3%
100 – 200 grams 6%
More than 200 grams 10%

Rules for bringing gold for children

Children below 15 years of age can also bring up to 40 grams of gold duty free, but for this they will have to provide proof of their relationship.

Amount of gold custom duty (%)

Amount of gold custom duty (%)
Upto 40 g No charges
40 – 100 grams 3%
100 – 200 grams 6%
More than 200 grams 10%

Rules applicable to gold coins

  • There will be no custom duty on gold coins up to 20 grams.
  • 10% custom duty will be applicable on gold coins weighing 20 to 100 grams.
  • 10% custom duty will also have to be paid on gold coins weighing more than 100 grams.

Special rules for Indian passport holders

Indian citizens or Persons of Indian Origin (PIOs) staying abroad for six months or more can bring in gold at concessional customs duty. The applicable duty is as follows:

Type of Fee Rate (%)
Basic Custom Duty 12.5%
Social Welfare Cess (SWS) 1.25%

Documents required to bring gold

  • Purchase receipt: Proof of purchase of gold
  • Gold Purity Certificate: Confirmation of the purity and quality of gold
  • Serial Number: Information about the weight and serial number marked on the gold bar

If passengers provide wrong information or do not follow the rules, their gold can be confiscated and they can also be fined heavily.

Disclaimer: NC does not give any suggestion for any purchase or sale related to the stock market. We publish market related analysis quoting market experts and brokerage companies. But take market related decisions only after consulting certified experts.

PC:PrabhatKhabar