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Krypton
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KryptonBeginner
Asked: October 27, 20232023-10-27T21:20:31+05:30 2023-10-27T21:20:31+05:30In: Business

Is it legal to buy gold from Dubai and take it to India and sell?

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Is it legal to buy gold from Dubai and take it to India and sell?
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  1. Tabs Sheikh
    Tabs Sheikh Beginner
    2023-11-02T21:29:06+05:30Added an answer on November 2, 2023 at 9:29 pm

    Yes, it is legal to buy gold in Dubai and take it to India, but there are specific regulations and customs duties that you need to be aware of.

    👉 You can bring a certain amount of gold as part of your duty-free allowance when you return to India.
    👉 Any gold beyond that limit may be subject to customs duties and import regulations.
    👉 It’s important to check the current rules and limits with Indian customs authorities before attempting to bring gold into the country.

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  2. Mogambo
    Mogambo Knowledge Contributor
    2024-03-05T14:02:42+05:30Added an answer on March 5, 2024 at 2:02 pm

    Yes, it is legal to buy gold from Dubai and take it to India. Travelers have limits on the amount they can carry, with male travelers allowed up to 20 grams and female travelers up to 40 grams. Indian residents returning after more than 6 months abroad can bring gold coins or bars up to 1 kilogram.

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