What documents are required for the purchase of Gold coins/bars?
No documents are required for the purchase of Gold coins/bars with value less than Rs. 20,000. For purchase of Gold coins/bars from Rs. 20,000 to Rs. 50,000, an Identity proof required. If the transaction value is above Rs. 50,000 PAN card copy and an Identity proof of the customer would be required.
Related Questions
- I have 24 Karat pure gold coins or Bars (Canadian Maple leaf, American Eage, Kugerrand etc). Will you buy or exchange them?
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- Did USA pay for the Lousiana Purchase in Gold Bars, Coins, Currency, or what when payments were made?