This Is The Amount Of Gold You Can Bring To India As An NRI

Indians are one of the largest consumers of gold produced all over the world and Indians are famous worldwide for their everlasting love of this yellow metal. All for good reasons though, we assure you! While the Indians living in India are good at this, NRIs are even more so when it comes to owning more gold. So find out how much gold you can carry with you to India if you are an NRI, before you get flight tickets from Calgary to Mumbai on Tripbeam.

Gold has long been a mandatory traditional jewellery metal used for any and all auspicious occasions such as pujas, havan, marriages, birthdays, anniversaries, etc. This is perhaps the exact reason why not only women, but even men in India own gold jewellery like chains, rings or bracelets, etc. It is also a highly liquid investment and has significant resistance to market fluctuations which makes it even more worthy of purchase.

This is also the reason why NRIs prefer sourcing gold from the outside to bring to India because they can get good quality at favourable prices from abroad. They can bring it in either the form of solid gold or jewellery, whatever suits them best. This is why it is important for you to have legal clarity regarding the matter if you are an NRI or if you have a family member who is an NRI.

Everything about carrying gold to India as an NRI

Can you carry gold jewellery as baggage?

Yes, Indian fliers who have been living abroad for more than a year can carry a stipulated quantity of gold jewellery as baggage. This will be exempt from customs duty up to a certain limit. Male fliers can bring gold jewellery worth Rs. 50,000 per person while female fliers can carry gold jewellery worth up to Rs. 100,000. If the quantity exceeds this limitation by any flier, regardless of gender, it will be subject to customs duty.

Also Read: Don’t Miss to Try These 5 Rich Things in India!

Can you import gold as baggage?

If you are importing gold into India, the weight of gold being carried must not exceed more than 1 kg per person, i.e. 2.2 pounds per person. The said person must be either a person of Indian origin or someone holding a valid passport under the Passport Act, 1967.

You can import gold in the form of coins, bars or jewellery. So book your flight tickets from Calgary to Mumbai on Tripbeam and import gold keeping the rules and regulations in mind.

What happens when you are a crew member carrying gold?

If you are a crew member who wants to carry gold jewellery or import gold, you need to submit accurate declarations about the gold jewellery in your possession.

This is why you should always declare gold every time you are carrying it. Now you can travel to your destination with ease by getting USA to Mumbai flight tickets or anywhere your destination is on Tripbeam.com.

Also Read: Flying back to India? Learn about gold allowance and restrictions