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Laxmi
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LaxmiBeginner
Asked: February 8, 20242024-02-08T13:26:03+05:30 2024-02-08T13:26:03+05:30In: Lifestyle

Can I buy gold from Dubai to India?

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Can I buy gold from Dubai to India?
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  1. Rohan Patel
    Rohan Patel Beginner
    2024-02-12T17:43:51+05:30Added an answer on February 12, 2024 at 5:43 pm

    Yes, you can buy gold from Dubai and bring it to India, but there are certain rules and regulations that you need to be aware of to avoid any legal issues or customs duties.
    Customs Duty: Indian residents traveling back from Dubai are allowed to bring gold jewelry up to certain limits without paying customs duty. Male travelers are permitted to carry a maximum of 20 grams of gold (maximum value: 50,000 INR) to India, and for female travellers, the limit is up to 40 grams (maximum value: 100,000 INR)

    Customs Declaration: It’s crucial to declare any gold you are bringing back to India at the customs checkpoint.

    Gold Quality and Authenticity: Ensure that the gold you purchase in Dubai is of high quality and authentic. Buying from reputable jewelers or stores can help you avoid counterfeit or low-quality gold.

    Documentation: Keep all the necessary documentation, such as purchase receipts and certificates of authenticity, with you while traveling back to India.

    Safety Precautions: Take necessary safety precautions while transporting gold, such as keeping it securely stored and not drawing unnecessary attention to it.

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