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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.” 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

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.

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Limits may be outdated for modern wealth.

4.8 out of 5 (9 ratings)

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