How Much Gold Can I Legally Carry from Malaysia to India in 2024?
Understand India's gold import regulations for 2024. Know the duty-free limits for men and women to avoid customs penalties.
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Indian customs regulations allow men to carry up to 20 grams of duty-free gold and women up to 40 grams, valued within the specified limits. Ensure to adhere to the 12% customs duty on additional gold. Always check for the latest guidelines to avoid penalties.
FAQs & Answers
- What is the duty-free limit for gold in India? Men can carry up to 20 grams of duty-free gold, while women are allowed up to 40 grams.
- What happens if I exceed the gold limit when entering India? Surpassing the duty-free limit will attract a customs duty of 12% on the additional gold.
- Do these rules apply to all travelers from Malaysia to India? Yes, these customs regulations apply to all travelers, but specific conditions may vary.
- How can I stay updated on gold customs regulations? Regularly check the official customs website or consult travel advisories before your trip.