NRI can purchase gold jewellery from their gold buyers and can bring it to India the gold limit is set differently for men and women while men have more limitations and women have fewer limitations let’s learn more about the gold NRI can bring in the following blog
How much gold can an NRI bring to India?
How much gold can I carry to India without customs?
Indian customs rules for gold jewellery
Do you have to declare gold at the airport?
Is gold scanned at the airport?
How to declare gold at an Indian airport?
Conclusion
How much gold can an NRI bring to India?
A Non-Resident Indian is permitted to bring gold jewellery in India like gold coins or any other form of jewellery only for personal use and not for any business but there are some conditions that one has to follow in order to bring gold to India
An NRI is allowed to bring gold in the form of jewelry with a value that should not exceed 50,000 Indian rupees while a woman is allowed to bring jewellery worth 1 lakh Indian rupees.
With the proper and valid passport and declaration form
How much gold can I carry to India without customs?
An Indian resident who recently visited a foreign country and planned to bring gold without paying customs duty to the Indian government on the gold is limited to 50,000 Indian rupees.
A Non-Resident Indian (NRI) who is planning to visit India any time soon can bring gold worth 2 lakh Indian rupees It is important to read and be updated about the latest rule as the rules are subject to change
Indian customs rules for gold jewellery
- Any individual who is planning to bring gold jewellery into India should be a minimum age of 18 else he/she subjected to legal action
- Gold weight of more than 20gms is not allowed per person in India as per the customs rules
- A valid purchase bill of gold is mandatory at the time of import
- Gold jewellery as a gift comes under customs duty and one needs to pay for it
- Any Gold jewellery which is imported as part of reselling comes under customs duty
- Gold jewellery for personal use does not comes under customs
- Any import that does not follow custom rules will initial legal inquiry for it
Do you have to declare gold at the airport?
Yes, it is important to declare any form of gold that you planning to bring to an airport. whether it is in the form of a jewellery coin or any other. To avoid any legal action in the future one should provide accurate information on the gold jewellery.
Is gold scanned at the airport?
Sometimes yes. It is not mandatory to scan gold at the airport but as it comes under metal it is possible that airport staff might scan your scan. But it is important to know the updated customs rules.
How to declare gold at an Indian airport?
If an individual is planning to travel to India and wants to bring some gold jewellery with them then they can follow the following process
- There will be a customs form or declaration form that will be available at the airport or you can look it up online and fill it out
- You need to fill out the form with the correct information including the gold that you are about to bring.
- You can submit the form with the details filled in to the customs department at the airport
- Officer may inquire you about the gold that you are planning to bring to India or any other country.
- At last, If the officer is satisfied with your answers he will allow the gold to be taken along with you.
- It is also very important to keep up-to-date information about the latest rules in which you are about to travel
Conclusion
Now it become easy for Any NRI to buy gold from their land’s best gold buyers and bring it to India. We hope this article helped you clear all your doubts regarding how much NRI can bring gold to India.