Carrying/Wearing Gold for Passengers Flying from Abroad to India- No Change in Customs Rules
MINISTER of State for Finance, J.D. Seelam in a written reply to a question in LokSabha on Friday said,
"There is no proposal under consideration of the Government to modify the existing rules with regard to carrying/wearing gold for passengers flying from abroad to India. In the Budget 2012-13, the Baggage Rules, 1998 regarding carrying/wearing gold for Indian passengers flying from abroad to India after residing abroad for over one year was modified to increase the limit of jewellery free of duty upto an aggregate value of Rs. 5000 (this is actually Rs. 50,000) by a male passenger and Rs. 1,00,00 (the comma is right but the zero is missing - it is actually Rs.1,00,000 by a female passenger."
But the Hindi version has got it correct for a female passenger while retaining the wrong figure for male passengers.