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11 August 2015, 09:53 AM | #1 |
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Duty I paid on my oversea SubC purchase
I promised a while back i will tell you how much duty i will pay for SubC i purchased in Japan. Well, i got back to the states last week, entered US through Washington DC Dulles, declared the SubC purchase with the purchase price of $6500. Had to go to the customs and a customs guy pulled his calculator out and came up with the $160 duty. Paid it with my credit card.
So my purchase price overall for subC is $6660. Interesting number i must say... |
11 August 2015, 09:56 AM | #2 |
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Nicely done. Congrats on the sub!
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11 August 2015, 10:01 AM | #3 |
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Nice!! Rock on!!!!
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11 August 2015, 10:00 AM | #4 |
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How long were you in Japan for?
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18038 | 16710 x 2 | 216570 | 214270 | 14000 | 79220N | 79280P x 2 | 3572.50 | 3576.50 |
11 August 2015, 10:08 AM | #5 |
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11 August 2015, 01:21 PM | #6 | |
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Quote:
Also, did you have to declare it on your way into and out of China and Korea to avoid paying duty in those countries?
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Rolex BLNR Omega Speedmaster |
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11 August 2015, 08:56 PM | #7 | |
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Quote:
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12 August 2015, 01:09 AM | #8 |
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12 August 2015, 10:27 AM | #9 |
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11 August 2015, 10:06 AM | #10 |
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Wow, that's very reasonable
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11 August 2015, 10:18 AM | #11 |
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$160 isn't enough to even think about not declaring it. Had a friend who bought in Europe and wore it home without declaring it. He got away with it but he was a nervous wreck.
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11 August 2015, 10:22 AM | #12 |
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That is certainly reasonable. Is there a published reference to support this in case someone makes a similar declaration and somehow ends up getting charged a much higher rate? Less than 2.5% almost seems too good to be true.
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11 August 2015, 10:03 PM | #13 | |
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Quote:
I paid $180 in duties on purchase of same watch from italy Sent from my iPhone using Tapatalk |
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11 August 2015, 11:56 PM | #14 | |
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Yes. It is on the government's website. But, similar to every other government regulation it is impossible to interpret. It depends on the metal content, value etc. I was thinking of buying a Patek overseas, but I couldn't figure out what the duties would be. I even called three different customs officers and got three vastly different answers. I really think it boils down to how cool the officer is and what their interpretation is. Duties on a single watch is silly to customs officers. They are after bigger fish. So, I think they just arrive at a reasonable number (using the ambiguous guidelines) and charge you that.
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11 August 2015, 10:31 AM | #15 |
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That is wonderful!!! Very cool!!!
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11 August 2015, 10:39 AM | #16 |
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Good on you for paying your customs duty. I think it's downright bad form not to and it bugs me no end when folks here brag about dodging their tax and duties. Doing it is one thing, but bragging about it is another.
$160 is piece of mind that you paid your tax and they're not gonna come back on you.
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11 August 2015, 10:45 AM | #17 |
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WAAAAY bck when I bought my Tag Heuer (1987/88 time frame) in Austria, I paid the VAT at purchase. When I got home, they mailed me a check.
I don't remember the amount of either the watch or the check but I still have the watch... |
11 August 2015, 12:10 PM | #18 |
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Lucky you. I just checked with canadian customs calculator, and the same watch would cost a canadian $1720 CAD in taxes at the customs... that's $1315 USD at today's rate. Ouch.
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12 August 2015, 01:14 AM | #19 |
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Yup that's why I never purchase abroad and look to my local ADs. Just not worth risking it and never being able to travel outside Canada with an undeclared watch. Chances are slim you would ever get asked where you bought the watch though but still, peace of mind is everything.
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11 August 2015, 12:32 PM | #20 |
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Date or No Date?
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11 August 2015, 12:45 PM | #21 |
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Man... That Tag has been Tagged...lol You can't say you didn't get your use out of it...
I always pay my tax and one day I hope I can travel somewhere far and buy a Rolly, and pay my Tax!
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“Every man Dies... Not Every Man, Really Lives.” – William Wallace - To really lives means to live your life to the fullest. It means to chase your dreams, take risks, and to love life. Since everyone’s fate is the same, why not live the best life that you possibly can? In order to really live,you must seize the day. Live each day as if it's your last and overall just do it! Today is a gift, that’s why it’s called the present... |
11 August 2015, 08:49 PM | #22 |
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11 August 2015, 01:23 PM | #23 |
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Sweet! Plus a great story of a world traveled watch.
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11 August 2015, 09:03 PM | #24 |
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Outstanding. Nicely done.
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11 August 2015, 09:10 PM | #25 |
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Congratulations on your Sub, and for declaring it.
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11 August 2015, 09:11 PM | #26 | |
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Well done and good score.
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11 August 2015, 09:55 PM | #27 |
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I would gladly pay duties which are reasonable.
Thing is if you want to import a Rolex into my country, mind you income tax 50% already, I would need to pay roughly 30% (21 VAT and 9 import duties) That is nothing short of legal robbery by the government imho.
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11 August 2015, 10:32 PM | #28 |
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That is unbelievably reasonable. Over here it would have been usd $3000. I'm not kidding.
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11 August 2015, 11:38 PM | #29 |
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That's an amazing deal through and through. Was wondering about the duty so thanks for sharing Wear it in good health
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12 August 2015, 12:06 AM | #30 |
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Thanks for sharing.
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