Sona is forever… This tag line is not only of an advertisement, but this thinking belongs to almost every Indian. This is why India makes India the largest gold importing country in the world. There is a craze of gold in India, due to which criminal organizations smuggle it from abroad in India and they have to go to jail when they are caught again.
For this reason, today we are telling you about some countries where cheap gold is received from India and you can bring it with you in a legal way. So let us know which countries get cheaper gold from India and how you can bring it with you in a legal way.
Dubai is called "City of Gold", because there is no VAT or import duty on gold here. Therefore, gold prices in Dubai's gold market are lower than in India. This is followed by the name of Singapore, which is the main gold trading hub. Where low tax and high quality gold is available.
Many people go to Bangkok from India. Bangkok's gold market is famous for good prices of gold. Gold prices here are lower than in India and its purity is also good. At the same time, Switzerland is known for gold refining and storage. Here the purity of gold is better and prices are relatively low. Apart from this, the price of gold is very low due to tax exemption in Hong Kong.
If you want to buy gold from abroad and bring India, then it is necessary to follow some rules made by the government for this. If a man wants to bring sleep with him from abroad, then he can bring 20 grams of gold with him without import tax. At the same time, female passengers can bring 40 grams of gold with them without tax. Let us tell you that gold can only be brought as jewelery in India, bar and coins are banned. Also, you must have a bill to buy gold.