Gold import exemption for eligible passengers limits payable customs duty and sets currency, quantity and timing conditions. Exemption applies to gold in any form (excluding stone or pearl studded ornaments) imported by an eligible passenger, exempting customs duty in excess of the specified per weight rate and all additional duty under section 3, subject to payment of duty at the specified rate in convertible foreign currency, a per passenger quantity limit, and importation on arrival or within the prescribed period; delivery from certain customs bonded warehouses is included if declaration is filed and duty paid before clearance. 'Eligible passenger' is defined by origin or passport and length of stay abroad.