The Government of India has capped duty-free gold imports at 100 kilograms per exporter under the Advance Authorisation scheme, effective May 15, 2026. The move aims to regulate inflows of the precious metal, conserve foreign exchange reserves, and ensure that duty-free imports are strictly aligned with genuine export requirements.
Officials clarified that exporters availing the Advance Authorisation scheme can now import up to 100 kg of gold without paying customs duty, provided the imports are used for manufacturing jewellery or related products meant for export. Imports beyond this limit will attract the applicable customs duty.
The cap comes amid rising concerns over excessive gold inflows and their impact on India’s trade balance. Prime Minister Narendra Modi recently urged citizens to pause gold purchases for one year to conserve foreign exchange reserves, as gold prices remain steady at around ₹15,108 per gram (24K).
Industry experts believe the restriction will streamline the scheme, prevent misuse, and balance the interests of exporters with the country’s macroeconomic priorities. The government continues to monitor gold imports closely as part of its broader strategy to strengthen economic resilience.