Dubai is an amazing city! It is one of the most preferred places for Indian tourists which buy pure gold at discounted prices of it’s value. However, there are local rules around buying gold and returning to India. You can only bring gold into India, duty free, within the limits established by the Indian Government.
Why is Dubai so popular?
It is really very well known because the taxes are low locally, and the gold is cheaper than it would be in India. The quality and price of the gold goes hand in hand attracting many Indian buyers. However, if you don’t know the rules on the return to India, you would have trouble at the airport. Therefore, it is good to be aware of duty free for limits and conditions.
Significant Information to Know for Travellers
Always keep the receipt (bill) that you get when you buy your jewelry.
You can check weight and price before you decide to take it home.
Do not carry gold items like bars or coins.
If you are carrying any extra amounts of gold and do not declare it, you could face a fine from customs upon arrival, the gold could be confiscated, or even face criminal charges.
What to Expect If You Carry Gold Over the Limits?
If you are carrying more than allowed, you will have to declare it to customs and pay your tax on it. The duty on gold is 15.75% (with cess and surcharge).
Terms and Conditions:
The duty-free entitlement is applicable only when the passenger can produce a proof of residency of not less than 365 days in the foreign country out of which an Indian passenger is entering India with gold. Passport holders under 18 years of age are not eligible.
How much gold can male passengers carry?
An Indian male passenger can carry 20 grams of gold jewelry from Dubai if the value does not exceed ₹50,000.
All the benefits of the rule above are for female passengers:
An Indian female passenger can carry 40 grams of gold jewelry, the value should not exceed ₹1,00,000 for ease of gold jewelry bringing into India.
This rule is only applicable to jewelry, not gold coins, bars, and biscuits.