Dubai vs India Gold Savings Calculator
Weekend: global gold markets are closed, so prices show Friday, 6 Nov’s closing rate. Live updates resume on Monday morning (IST). Last checked IST (7:53 PM Dubai)
Find out whether buying gold in Dubai really saves you money once making charges, VAT, the tourist refund and Indian customs duty are counted. Enter what you plan to buy. The calculator uses today’s live rate of ₹11,285.28 (AED 440.37) per gram for 22K.
Dubai vs India: how much will you save?
| Buy in Dubai | Buy in India | |
|---|---|---|
| Gold value | — | — |
| Making charges | — | — |
| Tax (5% UAE VAT / 3% + 5% GST) | — | — |
| VAT refund (87% of VAT − AED 3.60) | — | — |
| Customs duty on excess grams | — | — |
| Total cost | — | — |
Estimates only. Customs duty is charged on the value Customs assesses (not your bill); 15% is the concessional rate for eligible passengers. Check current rules with Indian Customs before you fly. The Indian rate defaults to an estimate (Dubai rate + 15% import duty) – replace it with your jeweller’s quote for a true comparison.
How the comparison works
- Dubai side: gold value at today’s rate + making charges + 5% VAT, minus the tourist VAT refund (87% of the VAT less an AED 3.60 fee, for purchases of AED 250 or more), plus Indian customs duty on any grams above your duty-free allowance.
- India side: your jeweller’s gold rate × weight + making charges + 3% GST on gold and 5% GST on making charges.
The duty-free jewellery allowance applies only if you have lived abroad for more than a year: 40 grams for women and 20 grams for men. Eligible passengers returning after six months or more can bring up to 1 kg by paying the concessional 15% duty in foreign currency. Read how much gold you can carry from Dubai before you plan a big purchase.
Getting a fair Indian rate
The Indian rate box starts with an estimate (the Dubai rate plus 15% import duty). For a true comparison, replace it with the per-gram rate your local jeweller quotes for the same karat. Ask for making charges as a percentage so you can enter both sides like for like.
Rates are indicative and may differ from jewellers’ final prices, which include making charges and 5% VAT. Rupee (₹) prices are Dubai prices converted to INR, not gold rates in India.