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Pure Gold Export 995 / 999 Fine

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(Querist)
21 April 2008 Can an Exporter, export Gold in Pure Form directly,or it is to be routed through the Nominated Agengy or RBI.

Kindly suggest the relevant provisions under RBI / DGFT / CBEC.

Thanks

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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
03 November 2008 Gold is not like other goods and it is a pure form of currency. The transaction can be routed only thru RBI.

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