Updated on: May 17th, 2024
Gold holds a special place in the hearts of Indians. It symbolizes our culture, tradition, and heritage. Whether it's a wedding ceremony or any auspicious event, gifting gold jewelry or coins is a common practice. Many Indians take advantage of the lower gold prices in Dubai, but bringing gold from abroad comes with certain regulations.
Read on to learn about the gold carrying limits from Dubai to India, applicable customs duties, and more.
Why is Gold Cheaper in Dubai?
Dubai is a popular destination for Indians looking to buy gold because of its lower prices. Gold is cheaper in Dubai for several reasons:
- Zero GST: Unlike India, which imposes a 3% GST on gold, Dubai has no GST on bullion and gold jewelry.
- Lower Manufacturing Costs: Jewelry stores in Dubai charge a reasonable manufacturing cost, making 24K gold approximately 5% to 7% cheaper than in India.
These factors, combined with favorable exchange rates, make Dubai a gold investment hub for Indians.
Gold Carrying Limit from Dubai to India
According to the Central Board of Indirect Taxes and Customs (CBIC), Indian travelers can bring up to 1 kg of gold from Dubai if they have stayed abroad for more than six months. However, customs duties apply to gold beyond the duty-free limit.
Duty-Free Gold Limit for Male Passengers
- Quantity: 20 grams
- Maximum Value: ₹50,000
- Forms: Gold bars or coins
- Customs Duty on Excess:
- 20 to 50 grams: 3%
- 50 to 100 grams: 6%
- Over 100 grams: 10%
Duty-Free Gold Limit for Female Passengers
- Quantity: 40 grams
- Maximum Value: ₹1 lakh
- Forms: Gold jewelry, bars, or coins
- Customs Duty on Excess:
- 40 to 100 grams: 3%
- 100 to 200 grams: 6%
- Over 200 grams: 10%
Duty-Free Gold Limit for Children
- Quantity: 40 grams
- Forms: Gold ornaments
- Customs Duty on Excess:
- 40 to 100 grams: 3%
- 100 to 200 grams: 6%
- Over 200 grams: 10%
Custom Duty on Gold in India from Dubai
Importing gold into India attracts customs duties. The rate depends on the duration of your stay abroad:
| Duration of Stay | Duty-Free Allowance | Customs Duty Payable |
|---|---|---|
| Less than 1 year | No Allowance | 38.50% |
| 6 months to 1 year | No Allowance | 13.7% up to 1 kg |
| More than 1 year | ₹50,000 for males, ₹1 lakh for females | 13.7% up to 1 kg |
Individuals who have been in Dubai for more than 6 months are eligible for a duty remission of 12.5% plus a social welfare surcharge of 1.25% on the gold they bring back into India.
Custom Duty Charges On Gold Bars
- Less than 1 kg per passenger: 10% customs duty
- 20 to 100 grams: 3% customs duty
- Less than 20 grams: No customs duty
Custom Duty Charges On Gold Coins
- Less than 100 grams per passenger: 10% customs duty
- 20 to 100 grams: 10% customs duty
- Less than 20 grams: No customs duty
How to Declare Gold at an Airport in India
If you are carrying gold beyond the duty-free limit, you must declare it at customs upon arrival in India. Use the red channel at the airport to declare your gold. Failure to declare excess gold can result in penalties, confiscation of baggage, and legal consequences.
Figure: Steps to Declare Gold at an Airport in India
Plan Your Gold Purchase with LeSo
At LeSo, we aim to make your travel experience seamless. If you plan to bring gold from Dubai to India, ensure you are aware of the customs regulations and duties. Proper documentation, such as purchase invoices and certificates of purity, is essential for a smooth customs process.
For a hassle-free visa application process, visit www.leso.co.in. LeSo offers the best prices and fastest delivery, ensuring a seamless experience for Indian travelers.
Frequently Asked Questions
Can I buy gold in Dubai duty-free?
Yes, if you stay in Dubai for more than 6 months, you can buy gold within the permissible limit without paying customs duty.
How much gold can I carry from Dubai?
Male passengers can carry up to 20 grams, and female passengers and children can carry up to 40 grams without paying customs duty.
How much is the customs duty for gold in India?
For stays longer than 6 months, the customs duty is 13.7% for up to 1 kg. For shorter stays, the duty is 38.50%.
Should we declare gold at the airport?
Yes, if the gold exceeds the duty-free limit, it must be declared at customs upon arrival in India.
How to carry gold jewelry in flight?
Carry gold jewelry in your cabin luggage and declare it if it exceeds the limit. Check airline policies and ensure proper documentation.
For more information and a seamless visa application experience, visit LeSo.
By following these guidelines, you can bring gold from Dubai to India without any hassles. Remember to check the latest customs regulations and duties before making your purchase. Happy shopping and safe travels with LeSo!