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As per the age-old Customs and Central Excise Rules 1967…

“As per the age-old Customs and Central Excise Rules 1967, a person is allowed to carry only Rs 20,000 worth of gold.” quote by Vayalar Ravi
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“As per the age-old Customs and Central Excise Rules 1967, a person is allowed to carry only Rs 20,000 worth of gold.”

Vayalar Ravi

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The law limits individuals to carrying gold worth only Rs 20,000.

In simple terms: Gold carrying limit is Rs 20,000.

Key Takeaway

Know legal limits.

Themes

law finance regulation gold trade

Mood

informative neutral

Type

regulatory financial

When to use this quote

  • travel
  • border crossing
  • personal investment

Key Concepts

customs taxation personal finance

Questions to Reflect On

  • Is the limit effective today?
  • How do people circumvent it?
A Different Perspective

Limits may be outdated for modern wealth.

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