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| *The Commerce Journal>>>Canada Taxes |
Do I have to pay canadian taxes if I buy 100 t-shirt from oversea? |
My university club wanna order and make some self design T-shirt for the new semester, it costs like 20 bucks each if we make in locally. However I found a company from Hong Kong, they can get it done for 10 bucks each with free delivery. BUT...do I / they have to pay any taxes if they deliver it by air mail? Yes, you will have to pay tax and most likely some duty charges as well. there might be some customs tax. you have to declare it especially if you're planning to sell it. if its just for a souvenier shirt and you're planning to give it away then there shouldn't be any problems passing through customs. have them break down the quantity and send it to different addresses if you really don't want to pay taxes. Import fees apply to ammounts over $20 (declared value) If it were a gift it would be $60 So order up to $20 canadian for each shipment to avoid taxes. The actual value is what is used the CRA may reassess the value, but I havn't had it happen yet. I've found often companies sale values are not their "real values". What they claim on the customs slip is what you pay but you can ask for a reassessment. If each shirt is worth $10 you can ship 2 shits per package, but you may like to determine the shipping cost into the total value as well If your shipping value for all the shirts is $50 but it cost $10 for each two shirts, if you order more than 10 shirts you start to see a shipping cost difference. For every package 3 shirts or more you will start paying about 1.40 extra per shirt so it only makes sense to ship smaller packages 2 shirts each if your shipping cost per shirt is less than $1.40 cents. That is - does bulk shipping cost less than the tax ammount? Also it may be claimable for tax purposes as a business expense.. if it is run as a business. (p.s. I'm guessing real value is likely like 1$ per shirt if that) ask if they will put the real value rather than sale value. (I'm not 100% sure how this works but I do know customs may charge you more if the assessed value is higher, if the sale value isn't the actual value - it may work in reverse as well. That is 50 shirts may have a value of $50 rather than $500 REAL VALUE rather than retail value. customs may do the opposite though.. estimate on retail value. This is likely done to prevent the flood of low cost goods to local markets... When it comes into Canada, you'll pay the PST and GST and duty. Pretending it is a "gift" as another person suggested is not ethical, and you'll likely get caught anyway. There are other things Customs looks for as well when it comes to gifts (a card, and gift wrapping for example). The company won't want to break the shipment into multiple shipments anyway, as it will cost them more, and they are giving you FREE shipping. |
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