What Are The Restrictions On Bringing Gold To India After Purchasing It In Dubai?

July 7th, 2009 by i may help | Filed under India.

I am an Indian citizen. I am planning to buy gold in Dubai and bring it to India. What are the restrictions?

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Comments

3 Responses to “What Are The Restrictions On Bringing Gold To India After Purchasing It In Dubai?”
  1. B+ says:

    Take my advise.
    Do not purchase gold now…the price is going to fall
    as IMF is selling about 400 tonnes of gold,at the end of this month..

  2. Kavita H says:

    it isnt hallmarked… and also dubain gold isnt guranteed… it might be unpure or something. u cant trust gold from there

  3. Virgo Boy says:

    Hi dear,
    You can buy gold and take it with you outside UAE without any restictions provided u have the ORIGNAL receipts proving that u have bought them from where and which date. I am not sure but on checking, I cam to know that upto 5 Kg of gold u r allowed to take with u. But please confirm urself with the concerned autthorities as it will also depend how long u have stayed here, wht u were working as and some other issues.
    Also do check in India as well, how much they normally allow you to take with u. u might have to pay some duty there to get clearance.
    The gold which u get in dubai is better quality than that which u buy in India. And if you go for the BAHRAIN’s gold, it ranks higher than UAE’s.

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