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Airport Commissionerate

  • DC/AC: 022-26828711/ +91-8655079770
  • PRO: 022-6685-0857/0838/0928
  • Superintendent(Administration): 022-26880916
  • Email: commrap-cus1mum-3[at]nic[dot]in
HomeOffice of the Chief Commissioner Mumbai Customs Zone IIIAirport CommissionerateImport Guidelines for Gold & Valuables
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Import Guidelines for Gold & Valuables

An 'eligible passenger' is any passenger of Indian Origin or a passenger holding a valid passport, issued under the Passport Act, 1967, coming to India after a period of not less than six months of stay abroad. However, short visits during these six months shall be ignored if the total duration of such short visits does not exceed 30 days and the passenger has not availed of the exemption under this scheme, at the time of such short visits. Except for these passengers, no other passengers are allowed to import gold in Baggage.

Conditions

  • The duty shall be paid in convertible foreign currency
  • Concessional rate of duty @ 6% ( BCD@5% + AIDC@1% ) is applicable for gold to Indian Passport holders and persons of Indian origin if the stay is for more than 6 months. Short visits up to a total of 30 days during the six months shall be ignored.
  • In cases other than those mentioned in condition (ii) above, normal rate of Customs Duty @36% (BCD@35%+ AIDC@1%) will be charged.
  • The weight of gold (including ornaments) should not exceed 1 Kg per person.
  • The passenger can either bring the gold himself at the time of arrival or import the same within fifteen days of his arrival in India.
  • The passenger can also obtain the permitted quantity of gold from Customs bonded warehouse of State Bank of India and Metals and Mineral Trading Corporation subject to conditions (i) and (ii) above. He is required to file a declaration in the prescribed Form before the Customs Officer at the time of arrival in India stating his intention to obtain the gold from the Customs bonded warehouse and pay the duty before clearance.

The rate of duty levied would be as follows

Sr No Description of Goods Rate
1

Gold bars, other than tola bars, bearing
manufacturer's or refiner's engraved serial number and weight expressed in metric units and
gold coins

@6% for eligible passenger
36% for other passengers
2

Gold in any form other than at S.No.1 above
including tola bars and ornaments, but excluding
ornaments studded with stones or pearls

@6% for eligible passenger
36% for other passengers

Silver

An 'eligible passenger' is any passenger of Indian Origin or a passenger holding a valid passport, issued under the Passport Act, 1967, coming to India after a period of not less than six months of stay abroad. However, short visits during these six months shall be ignored if the total duration of such short visits does not exceed 30 days and the passenger has not availed of the exemption under this scheme, at the time of such short visits. Except for these passengers, no other passengers are allowed to import silver in Baggage.

Conditions

  • The weight of silver (including ornaments) should not exceed 10 Kgs per person.
  • The duty at the rate of 6% is to be paid by the eligible passenger and 36% by others. Tariff value of silver is taken as per the notifications issued from time to time.
  • The passenger can either bring the silver himself at the time of arrival or import the same within fifteen days of his arrival in India.
  • The passenger can also obtain the permitted quantity of gold from Customs bonded warehouse of State Bank of India and Metals and Mineral Trading Corporation subject to conditions (i) and (ii) above. He is required to file a declaration in the prescribed Form before the Customs Officer at the time of arrival in India stating his intention to obtain the gold from the Customs bonded warehouse and pay the duty before clearance.
  • Import of Gold and Silver by a foreign national is prohibited.
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