Declaring Tax to Customs at Airport
 

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

Re: Halo Guys ! Help NeedEd !
 

Yes, if your stock more than SGD500.

Re: Halo Guys ! Help NeedEd !
 

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

Re: Halo Guys ! Help NeedEd !
 

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.

Re: Halo Guys ! Help NeedEd !
 

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

Re: Halo Guys ! Help NeedEd !
 

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

Re: Halo Guys ! Help NeedEd !
 

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

Re: Halo Guys ! Help NeedEd !
 

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

Re: Halo Guys ! Help NeedEd !
 

Which airline are u 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 u have many luggages, whether u 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 u want is when they ask u to open up your luggage, they see stacks and stacks of apparels nicely wrapped, 10 red 10 blue 10 green etc... pretty obvious u are buying for business.

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

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

Re: Declaring Tax to Customs at Airport
 

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 . :D Po pi Po pi mai tio liak.. muhahaha

Re: Declaring Tax to Customs at Airport
 

I'd suggest you consider taking normal commercial airlines. Securities usually like to pick on those budget travellers coming back with bags and bags or stuff. It's kinda obvious. Know what I mean :smoke:

Be cool and good luck! :D