Bhutan has allowed Indians visiting Phuentsholing or Thimphu to buy tax-free gold. Currently, many Indians visit Dubai and buys gold as it is cheaper there due to lower taxes. According to the latest prices, 24 carat gold in India costs at Rs ~60k per 10 grams. However, the current gold rate in Bhutan in stands at Rs 42k. To avail the benefit of duty-free gold, Indians will have to pay a sustainable development fees (SDF) of Rs 1,200-1,800. You also have to stay at least a night at a tourist certified hotel by Bhutan’s government. Tourists will also have to bring US dollars to buy the gold. This is because Bhutan will use the same dollar at zero profit to purchase the tax-free gold from international markets. According to the rules of the Central Board of Indirect Taxes and Customs, an Indian male can bring Rs 50,000 worth of gold and an Indian woman can bring Rs 1 lakh worth of gold tax-free into India from abroad.