How much gold can one bring from Dubai to India? - Dubai Forum

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Finding gold import rules and regulation imposed by Indian government is challenging because there are not many online resources about this topic published by RBI or GOI.

Generally Indian citizens living in Dubai, US, UK or Australia are concerned about tax or duty that is charged on importing gold to India which can be a problem to deal with at the airport.

I have been living and working for a company gold from dubai to india limit 2015 in UK for over 3 years now. Is it related to the current gold rates in India? Or does it mean that the price will be decided according to Indian price even if it was purchased in UK? Many thanks for all the valuable information you have put up on this website!

First of all we need to take a look at Indian customs rules and laws for importing gold in India to check the limits of carrying gold to India and duty charges. Regardless of what type of metal or anything else you are taking to India, duty charges are calculated on the base of purchase price and that applies to gold as well.

Everyday spot gold prices are changed frequently and fluctuate all around the world. However, unlike past gold price difference in different countries does not exist and gold price worldwide is almost similar, so there is not much difference in terms of rate, but purity could be a factor as buying gold in UK or US is believed to be a lot purer compared to India.

Moving on to your question, if you are buying it from UK make sure you have received the receipt of the purchase to be accepted by custom officials for calculating duty charges percentage. Also, if possible take the gold to India within reasonable time period to avoid price fluctuation that gold from dubai to india limit 2015 increase or decrease duty charges.

For example if you have purchased gold in UK in advance and kept it with you for way too long before flying to India, and then gold price all over the world has increased significantly, then you will have to pay the custom duty charges that are calculated with current price of gold.

These days be it NRIs or Indian citizens going abroad for holidays, their major attraction is always about taking gold to India for jewellery or investment purposes because of high prices in India. Every time there is a sudden surge in gold rates it becomes a hot topic in Indian markets.

However, we need to understand that gold rates are affected by worldwide market condition which is based on demand and supply factors.

Therefore if gold rates in India re rising significantly, it means current price worldwide has also increased which leaves not much of difference in prices all over the world. If you calculate it with current Indian rates for gold gold from dubai to india limit 2015 10 grams there is marginal difference only. Gold from dubai to india limit 2015 everything, there is still a catch you can work if you are really are interested in giving it a go. Importing gold to India from Dubai is a considerably cheaper and you may give it a thought for marginal monetary gains.

Other benefit is the purity of gold you get from Dubai, because in India majority of gold dealers or jewelers would sell you 22K gold gold from dubai to india limit 2015 claiming it to be 24K. You may also check gold customs duty on different airports in India on its official website at below link.

Your email address will not be published. Skip to content Finding gold import rules and regulation imposed by Indian government is challenging because there are not many online resources about this topic published by RBI or GOI.

Ritanjana Khurana from Nottingham, UK asks: Leave a Reply Cancel reply Your email address will not be published.

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