Can I bring 3 gold coins into India without attracting import duty?

Question

I recently purchased 3 gold coins for my in-laws..the jeweller that sold them said that I could take them to India without attracting any import duty, but somehow I don't trust a sellers words :).. I am in USA and am planning a trip to India in the next couple of weeks.

Thanks for your help.

Answer 1

yes u can for sure..I  had braught 4 laptops from US and nobody questioned me..the limit is only one..the custom babus are really lousy here

Answer 2

Up to my knowledge, you can bring 500grams of gold, in a financial year, if you are a NRI.