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Gold symbolizes Indian culture and heritage. Many Indians leverage the lower gold prices in Dubai, but bringing gold from abroad has certain rules.
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Gold is cheaper in Dubai due to zero GST on bullion and gold jewelry, lower manufacturing costs, and favorable exchange rates.
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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.
For male passengers, the duty-free gold limit is 20 grams valued at ₹50,000. For female passengers and children, it's 40 grams valued at ₹1 lakh.
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Importing gold into India attracts customs duties. The rate depends on the duration of your stay abroad. For stays longer than 6 months, the customs duty is 13.7% for up to 1 kg.
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If you are carrying gold beyond the duty-free limit, you must declare it at customs upon arrival in India. Failure to declare excess gold can result in penalties.
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You can buy gold in Dubai duty-free if you stay for more than 6 months. Male passengers can carry up to 20 grams, and female passengers and children can carry up to 40 grams without paying customs duty.
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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.