What is the free limit to bring gold from Dubai
How MUCH GOLD CAN BE BROUGHT to India from Dubai: Gold prices are increasing rapidly in India. On Tuesday, the price of 99.99 percent purity in Delhi’s bullion market rose by Rs 500 to a new record level of Rs 91,250 per 10 grams. Whereas on Monday, the price of gold was recorded at Rs 1300 per 10 grams. Due to high gold prices in India, people visiting other countries buy gold and bring it here.
Indians buy gold fiercely in Dubai
However, from other countries you can come to India with gold only in one limit. Most Indians buy gold from Dubai, because there is a big difference in the price of gold in Dubai compared to India. Along with this, the distance from India to Dubai is also less. Therefore, it is not too expensive to come and go from there. In such a situation, people visit Dubai as well as shop fiercely. Here we will know how much gold can bring India from Dubai without paying custom duty.
What is the free limit to bring gold from Dubai
There has been no change in the free limit of bringing India to India from Dubai for a long time. According to custom rules, if you are a male, then you can bring a maximum of 20 grams of gold from Dubai, which should not cost more than Rs 50,000. Similarly, if you are a woman, you can bring 40 grams of gold from Dubai to India, which should not cost more than Rs 1,00,000.
How much gold will come according to the rules
But the question here is that today when the price of gold has crossed Rs 90,000 per 10 grams, the price of 20 grams of gold will be more than Rs 1.80 lakh. According to the rules, the gold that you are bringing from Dubai should not be more than Rs 50,000. In such a situation, according to the current prices of gold, you can barely bring only 5 grams of gold from Dubai to India.
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