As per the Central Board of Indirect Taxes and Customs (CBIC) guidelines, passengers traveling from the UAE to India can carry up to 20 grams of gold jewelry duty-free, provided the value does not exceed 50,000 INR for male passengers, and 100,000 INR for female passengers. Any gold beyond this allowance is subject to customs duty.
Given the approximate rate of gold in India is around ₹ 6,000 per gram, males can effectively carry about 8-9 grams, and females about 16-17 grams of gold without incurring duty. Always ensure to verify the current policies and gold rates before traveling.
What Should I Do If I Want to Carry More?
The total weight of the gold must not exceed 1 KG per person. Indian Passport holders who have stayed abroad for more than six months are eligible for a customs duty rate of 13.75% on their gold.
Others will be subject to a customs duty rate of 38.5%. Thus, you can pay additional charges.
Can Children Carry Gold to India Without Duty?
Yes, children can also carry gold in India without any duty charges. However, they should also complete their visa requirement of the particular country (that is, a stay of 1 year). Further, they, too, have a specific limit to the amount they can bring to India.
Requirements for Carrying Gold to India Without Duty
Below-mentioned is a list of the same:
- You should have Indian citizenship as a passenger
- You should have completed your visa requirement of at least one year
- You are not allowed to bring gold in any other form. It means that you can carry jewelry like bangles, chains, pendants, and similar stuff only. Thus, if you try to get gold coins or bars, then you must pay tax duty.
- Though women can bring gold worth INR 100,000 and men upto 50K, you cannot exceed the limit. For instance, if a man gets gold upto 1 lac, he must also pay duty.
How Much Custom Duty Will I Pay for Carrying Gold to India?
If you are carrying gold to India, which exceeds the limit, or you have not stayed for at least a year, and you return, you must pay 13.75% of the custom duty.
This is variable depending upon the weight of gold and its cost.
Should I Declare My Gold If Authorities Do Not Ask?
You should take the initiative and declare your gold to the authorities even if they do not ask.
If you do not do so and simply carry it hidden in your baggage, then at any point of checking, authorities will confiscate your gold and even arrest you considering it illegal.
What Should I Do If I Had Bought Gold from India?
You should get an export certificate for the same. This will inform the authorities that you have taken it from India. It is usually for valuable items which you take abroad and intends to return with it. It’s not a one-time deal; you can travel with it from India on any international trip repeatedly. However, the certificate should be valid till that time. An export certificate has a validity of 3 years.
How to Get an Export Certificate from India?
- Open Google and search for Gold Valuer near me
- From the search results, check out the ratings and then select the one you find suitable
- Contact them over a call and discuss the details
Thus, they will begin the process, and you will get your gold valuation certificate. Further, while departing head-over to the Customs officer and show him the jewelry along with the certificate, Passport, and boarding pass. He will issue an export certificate.
In conclusion, you were thinking about how much gold can I carry to India without Duty, you would have got your answer! Males can bring gold worth 50K INR to India, while females have an allowance of gold upto INR 1,00,000.
However, it is noteworthy that you must have lived abroad for at least one year and that gold should be used as jewelry.
Gold coins or gold bars aren’t allowed for free. If you do not fulfill these criteria, you must pay charges for the gold you bring. This is because it gives the authorities doubt that you have bought it for sale or similar investment purposes. Hence, you are levied for custom duty otherwise.
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