How much a male passenger residing abroad for the last 3 years could bring gold jewellery under duty-free baggage allowance under the Customs Act, 1962?

CS Executive · Tax Laws · PYQS · June 2023
How much a male passenger residing abroad for the last 3 years could bring gold jewellery under duty-free baggage allowance under the Customs Act, 1962?
(A) 20 grams
(B) 20 grams with a value cap of ₹ 50,000
(C) 40 grams
(D) 40 grams with a value cap of ₹ 1,00,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Customs Act

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