I wonder how much gold one could smuggle in the form of false teeth? No doubt if we can think of it chances are its been done many times before. Gold horse shoe's? Gold boob job? ( saggyness may make the customs guys look the other way )
A chunky 18ct gold chain round your neck going through the airport could weigh a half kilo if you really went big !
From what i can gather a male can wear RS 50,000 ( about $810 usd ) in gold into India. Anything above that will carry a duty of 10%. My guess is a half kg gold necklace may be ( held ) by customs? then when you go to pick it up they would have *lost* it. Could be wrong as its been over 20 years since i visited there but the customs guy noticed my piddly 14 gram gold necklace and quizzed me about any more gold. Well overdue to revisit Goa!
I went to India earlier this year and I declared a 1oz gold blob I had with me. The duty I paid was like $20-$30 if I remember correctly.
Hmm interesting subject. So what is happening to all this gold that goes to India? Do they want it to make jewellery etc to sell, or are they preferring gold to the local paper currency perhaps?
