Message:

<p>[QUOTE=&quot;bgarg, post: 268377, member: 1876&quot;]If you want to bring your collection back to India, the Indian government rules are much relaxed now a day compared to what they had 5 years back. </p><p><br /></p><p>Before 2002, one can&#039;t bring any coin in India which was 100 or more years old. All such coins were supposed to be confiscated by custom officers. All modern coins (100 years or less) were allowed to be bought in India after paying a duty tax. There were no taxes on base metal coins but a very heavy tax (around 150% of melt price) on all silver and gold coins.</p><p><br /></p><p>Now since 2002, the Indian government changed the policy and allows Indian citizens to bring up to 10 kilograms of gold and 25 kilograms of Silver in any form without paying any duty tax. One can bring more but need to pay duty tax on above those limits.</p><p><br /></p><p>Last year I was visiting India and took much of my collection with me. When reached at Delhi airport, the custom officer asked me about those coins and I said, &#039;This is my hobby and part of my collection which I am bringing back&#039;. He was fine with that and I didn&#039;t had any problem.</p><p><br /></p><p>Regards,</p><p>Ballabh Garg[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in