Age Quote by Vayalar Ravi
“As per the age-old Customs and Central Excise Rules 1967, a person is allowed to carry only Rs 20,000 worth of gold.”
About This Quote
Source Legal Text: Central Excise Rules, 1967
The law limits individuals to carrying gold worth only Rs 20,000.
In simple terms: Gold carrying limit is Rs 20,000.
Know legal limits.
Themes
Mood
Type
When to use this quote
- travel
- border crossing
- personal investment
Key Concepts
Questions to Reflect On
- Is the limit effective today?
- How do people circumvent it?
Limits may be outdated for modern wealth.