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Import customs duties - cheap camera

 
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noelinkorea



Joined: 09 Apr 2003
Location: Shinchon, Seoul

PostPosted: Tue Feb 01, 2005 2:24 am    Post subject: Import customs duties - cheap camera Reply with quote

I just ordered a Lomographic camera kit valued at $US275 from overseas, and then after the process it informed me I might have to pay duties on it...what's the deal for Korea? My friend will receive it, and not me. Any ideas people?? Little bitpissed to find there may be more of a charge...d'oh...
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Derrek



Joined: 15 Jan 2003

PostPosted: Tue Feb 01, 2005 2:35 am    Post subject: Reply with quote

Sorry to say, but you could be charged as much as 20 to 70% of the cost of the product.

No kidding.
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tzechuk



Joined: 20 Dec 2004

PostPosted: Tue Feb 01, 2005 2:38 am    Post subject: Reply with quote

My wedding dressed was shipped from NYC. My husband paid 30% import tax....

They tax you on anything over 75US$, that includes postage.
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paperbag princess



Joined: 07 Mar 2004
Location: veggie hell

PostPosted: Tue Feb 01, 2005 2:46 am    Post subject: Reply with quote

Items Duties
Cars 23-36% of invoice value
Electronic Appliance 20-29%
Camera, VCR Camera 20-60%
Foods(If excessive) 50%
Piano 20-42%
Carpets 36%
Crystal Ware 35%
High-value-Furniture 35%
Golf sets 20-38%
Ski sets 20-50%

i got this from the korean customs webpage.
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Derrek



Joined: 15 Jan 2003

PostPosted: Tue Feb 01, 2005 3:09 am    Post subject: Reply with quote

Basically, this is because Koreans jack the price all up on certain items.

Case-in-point, I can purchase a Samsung dual DVD/VCR for about $100 in the USA. The same thing here is twice the cost.

And it's made here.

Now you know why some people value friendships with US military people so highly. They can order from on-base and get a major discount, sometimes saving hundreds of dollars.

Ever see the AFKN commercial against "black-marketing?"

Now you understand half of what they're talking about. The other half is sending home conterfeit goods purchased cheap her and trying to sell them for a profit back home.
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chiaa



Joined: 23 Aug 2003

PostPosted: Tue Feb 01, 2005 4:02 am    Post subject: Reply with quote

Derrek wrote:
Basically, this is because Koreans jack the price all up on certain items.

Case-in-point, I can purchase a Samsung dual DVD/VCR for about $100 in the USA. The same thing here is twice the cost.

And it's made here.

Now you know why some people value friendships with US military people so highly. They can order from on-base and get a major discount, sometimes saving hundreds of dollars.

Ever see the AFKN commercial against "black-marketing?"

Now you understand half of what they're talking about. The other half is sending home conterfeit goods purchased cheap her and trying to sell them for a profit back home.


Everything is Korea is monoplolized. EVERYTHING
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Goodgoings



Joined: 27 Mar 2003
Location: Seoul

PostPosted: Tue Feb 01, 2005 4:32 am    Post subject: Reply with quote

paperbag princess wrote:
Items Duties
Cars 23-36% of invoice value
Electronic Appliance 20-29%
Camera, VCR Camera 20-60%
Foods(If excessive) 50%
Piano 20-42%
Carpets 36%
Crystal Ware 35%
High-value-Furniture 35%
Golf sets 20-38%
Ski sets 20-50%

i got this from the korean customs webpage.


I hear some people here talk about bringing over parts of their computer. Any taxes on them?

I was thinking of picking up some new computer parts and getting a new camcorder back home while making a visit? Will they slap a tax on me, or are there ways of getting around it by bringing them stripped from thier packages and without thier manuals? Thanks.
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Derrek



Joined: 15 Jan 2003

PostPosted: Tue Feb 01, 2005 7:22 am    Post subject: Reply with quote

Goodgoings wrote:
paperbag princess wrote:
Items Duties
Cars 23-36% of invoice value
Electronic Appliance 20-29%
Camera, VCR Camera 20-60%
Foods(If excessive) 50%
Piano 20-42%
Carpets 36%
Crystal Ware 35%
High-value-Furniture 35%
Golf sets 20-38%
Ski sets 20-50%

i got this from the korean customs webpage.


I hear some people here talk about bringing over parts of their computer. Any taxes on them?

I was thinking of picking up some new computer parts and getting a new camcorder back home while making a visit? Will they slap a tax on me, or are there ways of getting around it by bringing them stripped from thier packages and without thier manuals? Thanks.



Probably not... depends on if you get stopped and searched at the airport, but it's not likely. I was soooo paranoid of that when I moved my Paradigm stereo equipment here. I wrote all over the boxes, "USED" in English and Korean. So paranoid, in fact, that I snapped at the lady when she questioned why I had so many big boxes, and what was in them. I said, "STEREO EQUIPMENT-- It's used, and it's mine!"

She let me go through and didn't dig through the boxes.
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