Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [customs]

For questions about taxes that are levied on goods that are imported into a country

26 questions
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What happens if one brings more than 10,000 USD with them into the US?

Suppose one has $1,000,000 in a suitcase and they are flying to the US. Suppose they check the box in their customs form that says they're bringing more than $10,000 with them. They show the form to the CBP agent. What happens next?
mathemagician
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How much duty will I have to pay importing 72 bottles of wine from Italy to UK

Since leaving the EU the UK now has to pay a customs and excise fee on goods imported into the UK. Every year my family purchase wine from a vineyard in Italy. This year we will have to pay the UK duty on this wine. I have taken the order and…
A Paul Savage
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1 answer

How can I avoid paying customs fees when exporting & reimporting?

I'm from Guernsey and am currently in the UK for university. I built myself a new desktop PC and want to take it back with me when I travel back to Guernsey in the summer and then transport it back to the UK when I go back to university. As I built…
AStopher
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Declaring $50,000 cash deposit from parents in a foreign country

During the summer vacation in my home country, my parents gave me $50,000 USD in cash (they exchanged this cash several years ago from the bank by their savings) to support me buying a car. Recently (within less than 15 days) when I came back to the…
user124875
5
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1 answer

Will I pay customs fees when ordering a “sold by Amazon EU” good on Amazon UK?

I would like to buy a ca. £75 item on amazon.co.uk which is “Sold by: Amazon EU”, and to be delivered in the UK (England). The confirmation pane looks like this (promotion = free delivery): Question: Should I then expect to pay customs fees when…
ebosi
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Charged 41.184% duty on a microprocessor. Is this the correct rate?

I purchased an Intel processor from eBay US which was sent to India via EMS. It arrived today and I got a hefty bill for INR 5120 which is 41% of the declared value of the item. These were the papers attached to the parcel: They show the "Rate of…
customduty567
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1 answer

Do US delivery companies pay out insurance if the declared value of a package is $0?

I'm in the UK and about 6 months ago I sent some sports cards to a friend of mine in the US to get professionally graded through PSA✝. This took a while due to the pandemic, but PSA has now returned the cards to him. Based on the grades they have…
James Donnelly
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Reclaiming VAT on temporary scientific import from CAN to UK

I've arranged for the airfreight import via fedex of a used tablet computer to the UK from Canada. It's required to run a scientific instrument for ~2.5 months on a field campaign in Antarctica. I am leaving in five days. After this I will return it…
Robbie Mallett
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NRI Indian customs question

Though info is avaliable online but I am not sure as it talks about Indian residents returning to India for good. I am a Singapore resident staying here for last 2 years. I keep travelling to India. This time I am carrying some new electronics of…
Pb89
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A foreigner has $11,000 and they are flying to the US. They claim it on FinCen 105. They show the form to the CBP agent. What happens next?

A foreigner has $11,000 and they are flying to the US. They claim it on FinCen 105 and the CBP Form 6059-B. They show the forms to the CBP agent. What happens next? The purpose is a long family vacation(4 months) 2 US citizens (husband and son)…
AlphaTraveler
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Double import duty on gift voucher purchase

I bought a gift voucher (gift certificate) for an overseas (Canadian) store. The voucher was fulfilled physically to the UK and I was charged customs (import) duty at the standard rate on the voucher's value. The recipient then used the voucher to…
IanF1
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How to manage EU import duty relief on personal possessions when moving to one EU country but temporarily storing them in another?

I'm currently based in the UK. I got a job in Germany but it's unlikely I will be able to get permanent housing until much later into me being here (due to the horrid rental market in Berlin). I'd like to place my stuff into storage at my parents'…
KubaFYI
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Do I need a customs label when posting share certificates internationally (UK to USA), and if so what should I write on it?

I live in the UK but have some old share certificates registered with the company registrar in the US (the EQShareownerOnline site). I want to convert them to DRS (Direct Registration System) registration, and to do this I need to send the share…
timday
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Parcel stuck at customs. Further instruction should be requested from "Buyer" or from "Seller"?

I have an issue where a package is stuck at the logistic company customs offices because the seller has apparently misdeclared the content value. I am not going to pay the fine they want me to pay so now they want know what they should do with the…
David
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How to request customs for revaluation of Customs Duty on the prize received to India from US in a competition

I got a prize from website from US as I was winner in the event. Parcel was posted to India through USPS its a Honor Band 3 which costs around 50 USD in US and 2800 INR in India. Today I received the parcel to my address and to my surprise customs…
miststudent2011
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