A person can bring up to 1 kg of gold into India from abroad, but there are
some restrictions.
How much is free allowance and duty for foreign travelers to bring gold?
Gold
brought in above these limits is subject to customs duty. The current import
duty on gold is 12.5%.
No.1). How much gold can Indian travelers bring from abroad without paying
duty?
An Indian traveler staying abroad for more than 1 year is allowed to bring
duty-free gold up to the value of 20 grams = Rs 50000 for men, 40 grams for
women = Rs. 1,00,000 worth up to.
No. 2). Does the above allowance apply to children?
Duty Free Allowance is applicable to children staying abroad for more than 1
year.
No. 3). Can gold coin biscuits be brought in duty allowances?
No, only jewelry can be brought. If the gold is brought in any other form,
duty is payable.
No. 4). How much is customs duty on gold brought in excess of duty free
allowance?
Duty is 10.3% for those coming from abroad for more than 6 months.
No.5). How does Indian Customs determine the price of gold? Is it enough to
show receipt of purchase of jewellery?
The customs officer will take into account the price fixed by the Government
of India for gold on the day of your departure.
No. 6). How much gold can be brought over and above the allowance?
An Indian passport holder who has stayed in a foreign country for more than 6
months can bring gold up to 1 kg without paying tax. (Can be brought as
jewellery, or gold, gold coins or biscuits.
No. 7). I have been here a few times in 6 months, can I bring
gold?
The number of days spent in India on a short holiday within 6 months should
not exceed 30 consecutive days (each time).
No. 8). How much duty should be paid by travelers who do not stay abroad for 6
months?
36.05% duty to be paid on gold brought in hand.
No. 9). Is there any problem with customs when 80 grams of gold is taken
abroad and brought back?
If you are going abroad with jewelery bought in India, you need to get an
“Export Certificate” from the customs officials at the airport.
No. 10). How to get Export Certificate?
The passenger's name, passport number, gold details, weight etc. will be
recorded. There is no problem in getting the export certificate when
transporting valuable goods in India and returning to the country.
Once the export certificate is obtained, the import and export of the product
is allowed for up to 3 years. Individuals belonging to a family can use the
certificate.
You need to get the application and fill it. You should have your purchase
receipt or goods valuation receipt (issued by an authorized test center) along
with the goods ready to be checked by the customs officers. Must have boarding
pass and passport.
Go to the airport you are traveling to a little early and double check the
regulations. Procedures may vary for different airports.
No. 11). Is duty customs allowance available for stone jewellery?
Not for stone jewelry.
india_customs
No. 12). Do we have to go to customs and pay tax ourselves? If Customs does
not notice.
It is better to self-declare if there is too much gold. If they search and
find, they can confiscate the jewelry, fine or arrest.
No. 13). While canceling my foreign visa. (PR, Work Permit) Is there any
additional allowance?
No. 14). Do you need to carry gold with you when traveling?
Can be brought hand-on, or in separate luggage within 15 days of travel. Get
the amount of gold allowed by the traveler from the SBI or Metal Minerals
Corporation at the Customs Ward.
No. 15). What can be done if there is no money to pay the debt?
Even if the passenger does not provide full details about the jewelry brought
by him or does not have the money to pay the duty, the customs will hand over
the jewelry after paying the duty after giving time. Or it will allow you to
take the jewelry when you go abroad again.
Children who have lived outside India for at least one year are also eligible
for the tax-free gold jewelery scheme.
If you are planning to bring gold to India from abroad, it is essential to be
familiar with the latest rules and regulations. More information can be
obtained from the website of Central Board of Indirect Taxes and Customs
(CBIC).