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Help! Import Questions

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Hi all! Have some queries on imports. I'm bringing in some merchandises from China. Supplier is sending samples to me ...


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Old 05-07-2014, 12:56 PM   #1
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Default Help! Import Questions

Hi all!

Have some queries on imports. I'm bringing in some merchandises from China. Supplier is sending samples to me via ChinaPost Air Mail.

The supplier is proposing to send the remaining stocks via ChinaPost Air Mail as well. I can top up if I want to go with DHL, EMS or FedEx.

I am paying more than $400 for these stocks. Do I have to pay tax? If so, how can I proceed to declare the amount?

I am also in talks with another supplier who proposed to ship the items to me. Which option do I take? FOB or CIF? Whichever option I take, what are the documents and procedures do I have to do if I decide to go with the shipping option?

TIA


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Old 14-07-2014, 03:47 PM   #2
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Default Re: Help! Import Questions

Wondering how much are you paying for your Air freight now?
I usually import more than $400 worth of stuff, but my forwarding agent will declare it lower than $400 so I don't have to pay tax.
Suggest you to do the same.

Sounds like you're liaising with various suppliers, might as well go for to forwarding agent.
They will hold and combine your goods for shipping together.


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Old 20-01-2015, 12:35 PM   #3
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Default Re: Help! Import Questions

Do you still need to pay tax on trade samples? I always thought trade samples are exempted from tax. So if it is less than $400, no need to pay GST?



Last edited by DYAPTW : 20-01-2015 at 12:39 PM. Reason: Spelling correction
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Old 20-01-2015, 02:50 PM   #4
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Default Re: Help! Import Questions

If the goods are less than SGD400, there's NO Need to pay for GST.


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Old 20-01-2015, 02:55 PM   #5
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Default Re: Help! Import Questions

Quote:
Originally Posted by Punggol007 View Post
If the goods are less than SGD400, there's NO Need to pay for GST.
Thanks for your advice.


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Old 20-01-2015, 02:56 PM   #6
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Default Re: Help! Import Questions

Quote:
Originally Posted by Punggol007 View Post
If the goods are less than SGD400, there's NO Need to pay for GST.
Thanks for the confirmation.


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