Dubai Gold: Profit or Loss? Unraveling Customs Rules and Tax Implications

• Bringing gold from Dubai for personal use is acceptable, but for business, it's risky due to tax rules and customs duty.
• Tax-free exemption for gold jewelry is only for passengers staying abroad over one year (40g for women, 20g for men).
• Gold coins or bars incur customs duty from the first gram; short-term travelers pay duty on all gold.
• Dubai gold is 5-7% cheaper due to lower taxes and duty-free imports, plus VAT refunds for tourists.
• Importing gold beyond limits incurs 3-10% customs duty, plus 3% GST and potential capital gains tax on sales in India.