How to lower the import taxes?

Solution Though it is tricky with import duties, the best we can do is declare the value of the shipped goods at the lowest nominal market price as a standard assumption, which may still be taxable. However, you may find you just need to pay some nominal import duties.

This lowest market price is based on the manufacturing origin and might not be reflective of how much the item will cost you if bought in your local retail market.

We won't declare it too low, which might catch the attention of the custom. Once they check your package, they will ask you to provide the detailed information including payment information. Then they will charge the import duties based on the actual value, not the low value we provided.

Another way to declare it as personal gift. But it seems that it doesn't work so well.

The last tricky way is that if you happened to work in a factory related to our product. We can declare it as faulty return to you at a very low price.
 
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Article ID: 21
Category: Tax & Duties
Date added: 2009-06-15 20:33:34
Views: 1409
Rating (Votes): Article rated 3.1/5.0 (33)

 
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