Gold From Dubai: Why was Ranya Rao smuggling gold, how cheap is it to bring gold from Dubai? This is the rule..

Ranya Rao, a famous heroine who has acted in Kannada films, has been caught on charges of gold smuggling. She landed at Bangalore airport with 14.8 kg of gold from Dubai. During this, DRI officials took her into custody. Let us tell you that she is the daughter of Karnataka DG Ramachandra Rao. Ranya has previously worked in Kannada films. But the question arises whether gold is cheaper in Dubai than in India and how much will you have to pay for it, let us tell you about all this in detail.

Apart from the original value of gold in India, tax is also levied on it. Due to this the price of gold increases further. This is the reason why tourists going from India to Dubai often buy gold from there. Because there is no tax on gold in this country.

How much gold can you bring with you?

According to the rules, an Indian traveler who has been living abroad for more than a year is allowed to bring up to 20 grams of jewellery in his luggage without duty, which costs Rs 50,000, or up to 40 grams of jewelry worth Rs 1 lakh. This is only in the case of female travelers. On the other hand, if the travelers coming to India carry more gold jewellery than the prescribed limit, then they will have to pay some customs duty on the gold. Apart from this, children who have lived abroad for more than a year can carry tax-free gold jewellery from Dubai. But they cannot carry gold coins, bars or biscuits.

What is the limit of duty free gold for men?

A man can bring up to 20 grams of gold (up to a maximum of Rs 50,000) with him without customs duty while coming from Dubai to India. Within this amount, he can bring gold coins or bars to India and he will not have to pay any customs duty on it. However, if the quantity of gold exceeds the limit of 20 grams or Rs 50,000, then they will have to pay custom duty on the additional grams.

Documents required to bring gold from Dubai to India

If you are bringing gold from Dubai to India, then you must have some important documents to show to the customs officials. Such as a receipt for buying gold, certificate of purity and quality of gold. At the same time, if you are bringing gold bars, then that bar should have information like its weight and serial number. If the passengers give wrong information, then they can also be fined and gold can also be confiscated.

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