Konig 0 Report post Posted December 11, 2006 Im not sure what kind of tax singapore charges for goods you import overseas. just gst or gst + import tax??? any1 here with experience? Share this post Link to post Share on other sites
Rameish 0 Report post Posted December 11, 2006 GST at prevailing rate ie 5% now and soon 7% Share this post Link to post Share on other sites
Absolute0 0 Report post Posted December 11, 2006 You pay 5% GST on imported items only if they exceed a certain value, $400 IIRC. Share this post Link to post Share on other sites
Konig 0 Report post Posted December 11, 2006 You pay 5% GST on imported items only if they exceed a certain value, $400 IIRC. so i just tell the seller to underdeclare.... Thanks Share this post Link to post Share on other sites
gin. 0 Report post Posted December 11, 2006 yes. is $400. i think if you declare it as gift, gst do not apply. Share this post Link to post Share on other sites
Shiro MS08th 0 Report post Posted December 12, 2006 Yep on the $400 too. But sometimes marked as gift, also tio GST. Dunno why, last time I help my gf bought the dress is packed in the company package or so. Share this post Link to post Share on other sites
lengcm 0 Report post Posted December 12, 2006 Are your online goods covered by insurance? If you declare your goods lower than the amount you paid, the insurance will only cover to the amount you declare. Things gets lost and damaged quite often via post. Just be careful on how much you want to declare, you maybe losing much more. Share this post Link to post Share on other sites
Rameish 0 Report post Posted December 12, 2006 Too much of a hassle to underdeclare. I rather state actual amount and pay the GST. It aint worth the risk. Share this post Link to post Share on other sites
Konig 0 Report post Posted December 12, 2006 Too much of a hassle to underdeclare. I rather state actual amount and pay the GST. It aint worth the risk. eizo monitors are packed very scientifically and DHL has never failed me once in my life...... Share this post Link to post Share on other sites
Firefox 0 Report post Posted December 13, 2006 eizo monitors are packed very scientifically and DHL has never failed me once in my life...... I wouldn't count on it. The packaging is good but shippers can do pretty nasty things. Why don't you just buy from PowerMatic? Or is it the 5 to 6 weeks lead time that's the issue? Share this post Link to post Share on other sites
raymund 0 Report post Posted December 28, 2006 You pay 5% GST on imported items only if they exceed a certain value, $400 IIRC. Note that this $400 figure may include the amount you paid for shipping the item to Singapore. SingPost once collected the GST from me plus a collection fee! Worse, they based the GST the total amount on the invoice which includes the cost of shipping. These days, I ask the seller not to pack a paper invoice and declare only the value of goods. But this is sometimes not possible when you deal with a big company. Smaller companies will sometimes just send me an electronic invoice. Hope this helps. Share this post Link to post Share on other sites
kross 0 Report post Posted December 29, 2006 so conclusion is only GST, no income tax even for goods worth $400 and above?? Share this post Link to post Share on other sites
tassardar_ 0 Report post Posted December 29, 2006 Yup only GST above $400 if its declared on the package when going through custom Share this post Link to post Share on other sites
Absolute0 0 Report post Posted December 29, 2006 so conclusion is only GST, no income tax even for goods worth $400 and above?? Income tax? Do note that couriers (like UPS) might charge you "custom fees" (apparently to cover the "cost" of helping you get your item through customs) which can be quite substantial. I try to stick with USPS since it usually takes less than 2 weeks even for bulky items like amps, and they do not have hidden charges. Share this post Link to post Share on other sites
Shiro MS08th 0 Report post Posted December 31, 2006 Yeah, once I bought my guitar over 1k, sent over by courier company, can't recall which one. There's extra dispersement fee. Share this post Link to post Share on other sites