Dear All,
I am moving to Singapore and got a bit lost in the Customs web sites and even more after speaking to one of their operators.
I was planning to take a box with 6 bottles of wine, 0.75 liter each. Total amount 4,5 lt wine. I plan to import this via Changi as I am letting a company organize the shipment with SQ Cargo.
From the Customs site (http://www.customs.gov.sg/leftNav/tr...able+Goods.htm) about Dutiable Goods I get this info:
22042911 Still wine, more than 2 ltr, not exceeding 15% alc/vol
Custom Duty: Nil
Excise duty: $70.00 per litre of alcohol
The operator said to:
1. multiply the amount of liter x the tax amount (4,5 x 70 = 315 S$)
2. multiply this amount for the alchool percentage (315 x 0.16 = 50,5 S$)
3. at this point I was told I need to add a sort of insurance on the value.. or something similar - what is it? and how much? (she could not be specific)
4. last, add the 7% standard taxation (not clear if on the original value of the wine in the conutry I bought it or not).
5. what if I don't hav ea bill for the wine or other items as they were given to me as a gift? on what will they base their 7% calculation on?
Anyone has detailed information/experience in such field?
Thanks in advance.
I am moving to Singapore and got a bit lost in the Customs web sites and even more after speaking to one of their operators.
I was planning to take a box with 6 bottles of wine, 0.75 liter each. Total amount 4,5 lt wine. I plan to import this via Changi as I am letting a company organize the shipment with SQ Cargo.
From the Customs site (http://www.customs.gov.sg/leftNav/tr...able+Goods.htm) about Dutiable Goods I get this info:
22042911 Still wine, more than 2 ltr, not exceeding 15% alc/vol
Custom Duty: Nil
Excise duty: $70.00 per litre of alcohol
The operator said to:
1. multiply the amount of liter x the tax amount (4,5 x 70 = 315 S$)
2. multiply this amount for the alchool percentage (315 x 0.16 = 50,5 S$)
3. at this point I was told I need to add a sort of insurance on the value.. or something similar - what is it? and how much? (she could not be specific)
4. last, add the 7% standard taxation (not clear if on the original value of the wine in the conutry I bought it or not).
5. what if I don't hav ea bill for the wine or other items as they were given to me as a gift? on what will they base their 7% calculation on?
Anyone has detailed information/experience in such field?
Thanks in advance.
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