429. Taking Gold Jewelery to India and Customs Duty . . .
Questions: Hello,
I am a female residing in USA for nearly 10 years and when ever I used to go to India ,used to take the gold ornaments
with me to use there. I came here after I got married so all my jewelry is here with me.
My question is now I will be travelling to India in few days ,I will be taking some jewelry say worth 20 tola(10 grams is 1
tola) to use some and to change designs. so would I will be charged the gold custom duty of 4% or can I ask the officers at
the airport to write it down in passport or some thing that I will be taking it back to USA.
One more thing should I declare the gold in the form.
Please reply as soon as possible, because I am confused searching all info on gold duty. I will be travelling with my 3 kids
age 9 and under so I don't want to get in trouble there at the airport.
Thanks a lot.
(Name withheld on request)
Answer: What you propose to do is logical but quite often things don’t work out the way one wants to and problems arise.
There certainly is a procedure, by which an entry is made on your passport of the goods that will be taken back by a
passenger on departure. However when it comes to gold, its not that easy!
Suppose you take a expensive watch to India and agree to take it back since you do not want to pay the duty on the item.
This situation is easily covered, the watch is identifiable, so its make, model and serial number is recorded and this ensures
the same item is taken back when the passenger leaves. How does one do this for gold jewelery? I won’t get into the
problems and try and suggest a reasonable solution.
Get your jewelery pieces that you intend to take to India appraised, before going to India. An appraisal will include
photographs of the jewelery and other particulars.
Get a customs certificate from your country of residence for the appraised jewelery so that you can return with it without
having to pay duty. Customs will issue such a certificate after they see the jewelery and appraisal documents.
This type of documentation may help, getting through Indian customs if you tell them your intention is to take the items
back. I say may help, because there are no guarantees.
Readers should also be aware that when you take jewelery out to India and get it remodeled, it normally is then considered
to be a new piece of jewelery and becomes dutiable when you return to your foreign country. Check with your customs office
before leaving to avoid problems on return.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional
accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been
stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail.
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