Help! Import Questions

hellobear · 05-07-2014, 12:56 PM

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

applausey · 14-07-2014, 03:47 PM

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.

DYAPTW · 20-01-2015, 12:35 PM

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?

Punggol007 · 20-01-2015, 02:50 PM

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

DYAPTW · 20-01-2015, 02:55 PM

Quote:

Originally Posted by Punggol007

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

Thanks for your advice.

DYAPTW · 20-01-2015, 02:56 PM

Quote:

Originally Posted by Punggol007

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

Thanks for the confirmation.

05-07-2014, 12:56 PM	#1
hellobear Junior Member Join Date: Jul 2014 Location: Tampines Posts: 2 My Reputation: Points: 10/ Rep Power: 0	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

14-07-2014, 03:47 PM	#2
applausey Member Join Date: Aug 2010 Location: Jurong Posts: 17 My Reputation: Points: 10/ Rep Power: 0	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.

20-01-2015, 12:35 PM	#3
DYAPTW Junior Member Join Date: Dec 2014 Location: Queenstown Posts: 8 My Reputation: Points: 10/ Rep Power: 0	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

20-01-2015, 02:50 PM	#4
Punggol007 Member Join Date: Jul 2013 Location: Punggol Posts: 19 My Reputation: Points: 10/ Rep Power: 0	Re: Help! Import Questions If the goods are less than SGD400, there's NO Need to pay for GST.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Pushcart Questions	pinkocean	Starting a Retail Business	1	05-04-2013 09:39 AM
Questions About Sales of Online Products	FunPal	General Online Selling	5	20-12-2011 12:52 AM
Questions & suggestions	Mystech	Suggestions & Feedback	7	07-08-2009 11:24 PM
Consignment Related Questions	Sinergy	General Retail Discussion	6	03-07-2009 04:07 PM
Questions on Employers Liability	et1957	Starting a Retail Business	3	09-02-2009 12:17 AM