How Much Gold Can We Legally Get From Dubai?

Dubai has long been a favourite shopping destination for Indians looking to buy gold. With lower making charges, no Goods and Services Tax (GST) on bullion and jewellery, and attractive prices, Dubai offers significant savings compared to India.

However, bringing gold back to India is subject to strict rules and customs duties imposed by the Central Board of Indirect Taxes and Customs (CBIC). Understanding these regulations can help travellers avoid penalties and ensure a hassle-free experience at customs.

Gold Carrying Limit From Dubai to India

As per CBIC guidelines, Indian passengers returning from Dubai after staying for more than 6 months can legally bring up to 1 kg of gold in their baggage, provided they pay the applicable customs duty. The gold can be in the form of jewellery, bars, or coins, and travellers must present purchase invoices specifying price, purity, and date for verification at Indian airports.

Duty-Free Gold Limit Based on Gender

For Male Passengers

Men travelling back to India from Dubai are allowed to carry up to 20 grams of gold, valued at a maximum of ₹50,000, duty-free. If they exceed this limit, they must pay customs duty.

For Female Passengers

Women are permitted to bring back up to 40 grams of gold, valued at a maximum of ₹1 lakh, without paying customs duty. Any additional gold is subject to taxation.

Customs Duty Rates Based on Duration of Stay

The amount of duty payable depends on how long the traveller has stayed in Dubai:

Travellers staying in Dubai for more than 6 months can avail customs duty remission of 12.5% plus a 1.25% social welfare surcharge on gold brought back to India.

How Customs Duty on Gold is Calculated in India

The customs duty is calculated based on the current international price of 24K gold on the day of import. Customs officials assess the value of the gold and apply the applicable duty percentage. It is crucial to carry accurate invoices and certificates of purity and weight to avoid penalties.

Declaration at Indian Airports

Travellers carrying gold beyond the duty-free limit must declare it at Indian airports. Passengers should proceed to the Red Channel for customs declaration and duty payment. The Green Channel is reserved for those carrying goods within permissible limits.

As per the Customs Act, 1962, failing to declare gold exceeding the allowed limit may lead to confiscation, penalties, and legal action. Proper declaration and duty payment ensure a hassle-free experience.

Conclusion

Buying gold in Dubai can be a lucrative option for Indian travellers due to lower prices and attractive designs. However, it is essential to comply with CBIC regulations and customs duty requirements to avoid legal complications.

By understanding the limits, carrying proper documentation, and declaring excess gold, travellers can ensure a smooth and lawful import process. Always stay updated on the latest duty rates before planning a gold purchase in Dubai.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.