Declaring Tax to Customs at Airport

euegue

Brothers and sistas can i ask if i am going overseas to get my stocks do i need to declare tax to customs beforehand ?

prettydress

Yes, if your stock more than SGD500.

euegue

no way to siam ? if say i have 5 person going to get the stocks , still need to declare ?

ital23

Maybe each person can take 2 luggages. My friend went china buy stocks, 1 person bring 5 luggages back and get caught. Therefore he was fined for not declaring.better be careful.

sbit_sg

Eugene are you and your friends from JB? Selling T-shirts?

euegue

no lei i am from sg haven got my stuffs yet lol.. selling ladies fashion

euegue

BTW wads the penalty fine for not declaring tax ? If got caught , not just pay the 7% gst ?

prettydress

7% GST plus fine, my advice to you each person carry 2 luggages and walk separately chances you won't get caught.

xoxoxo

Which airline are you using? For certain return flights/locations, sometimes they don't really check the passengers' luggages. But for certain airlines, going through the scanner is almost an unavoidable exercise esp when you have many luggages, whether you travel alone or in group.

Also note the kind of luggage bags you used, some people like to use those big storage bag because they are light weight but they tend to attract attention.

Pack your stocks like you just return from holiday, the scanner can see everything! The last thing you want is when they ask you to open up your luggage, they see stacks and stacks of apparels nicely wrapped, 10 red 10 blue 10 green etc... pretty obvious you are buying for business.

GST + fine. But if it's your first time, I think usually they will give you a warning and make you declare on the spot, you pay the gst and you shd b ok to go. So make sure you have your invoices ready and you know roughly how much you have spent so that should you really be called in, you have the info ready.

And of course, if you want peace of mind, then just declare it! The first time is always scary but once you get the hang of it, it's nothing really

euegue

Whahah .. tKs for info brothers sistas .. grateful for that advice .. I am taking tiger airlines , they do random checks on people .. i was coming from holiday with my wife from hongkong , we bought in alot of things and i mean ALOT.. 2 of us had 3 big lauggage 2 slings bag and 20 box of lao po bing.. when we were about to go out the security asked to bring the bag to the scanner... i was like !@@#$$ .. i had packed onto the trolley now i have to bring it all down again.. but i think if i carry lightweight should not be checked . Po pi Po pi mai tio liak.. muhahaha