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Dhanteras 2022: How much gold can you buy from Dubai

Gowrish Babu
Buying gold attracts taxes in India, besides the actual value of the metal adding to the overall price of the metal.
So, many Indians purchase gold or gold jewellery from Dubai, where no taxes are levied on it.
Concessional rate of duty @ 12.5% + Social Welfare Surcharge @ 1.25% applies for gold to Indian origin people if stays are for more than six months.
Otherwise, a person will have to pay 38.5% of customs duty on the gold brought to India.
The weight of the gold should not be more than 1 kg per person.
A male passenger, residing abroad for more than a year can bring up to 20 grams of gold jewellery with its value not exceeding Rs 50,000.
For female passengers, the duty-free limit is 40 grams of gold jewellery with a maximum value of Rs 1,00,000.
However, one should keep in mind that you cannot bring any amount of gold from Dubai and sell it off in India.
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