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Is this only for Indian passport holders or foreign passport holders? Why can't I buy in a foreign country and use it for myself in India for my own use?
I think Indian passport holder only. Now the rule is only you can carry ₹50,000 are 16 g for men.. you can carry up to 1 kg if you are stay more than one year in any country and you have to pay for customs duty.
This is wrong guidance. If you go out of India you should disclise tonindian custons how much gold you are wearing. So while coming back that much gold is allowed bring in. This gentlemen is acting like that he doesn't know the law.
