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of <h1>RBI Clarifies No Value Limits on Exporting Personal Gold Jewellery in Baggage After FERA 1973 Amendments.</h1> The circular addresses the export of personal jewellery through baggage, following amendments to the Foreign Exchange Regulation Act, 1973. With the withdrawal of a prior notification by the Reserve Bank of India, questions arose about value limits on such exports. After consultation, it was clarified that the Export-Import Policy imposes no restrictions on exporting goods, including gold jewellery, as long as they are part of the passenger's bona fide baggage. Consequently, there should be no value restrictions on exporting personal gold jewellery through baggage, and relevant authorities should be informed accordingly.
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