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Declaring Tax to Customs at AirportThis is a thread in the Starting a Retail Business forums.Brothers and sistas can i ask if i am going overseas to get my stocks do i need to declare ... |
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#1 |
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Junior Member
![]() Join Date: Jun 2011
Location: bukit batok
Posts: 6
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Brothers and sistas can i ask if i am going overseas to get my stocks do i need to declare tax to customs beforehand ?
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#2 |
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Senior Member
![]() Join Date: Jun 2009
Location: orchard
Posts: 225
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Yes, if your stock more than SGD500.
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#3 |
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Junior Member
![]() Join Date: Jun 2011
Location: bukit batok
Posts: 6
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no way to siam ? if say i have 5 person going to get the stocks , still need to declare ?
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#4 |
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Senior Member
![]() Join Date: Sep 2010
Location: Pf
Posts: 89
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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.
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#5 |
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Senior Member
![]() Join Date: Mar 2008
Location: Singapore
Posts: 96
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Eugene are you and your friends from JB? Selling T-shirts?
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#6 |
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Junior Member
![]() Join Date: Jun 2011
Location: bukit batok
Posts: 6
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no lei i am from sg haven got my stuffs yet lol.. selling ladies fashion
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