Excise Duty

[kissakai]

Hi

I have 5 tsuba in Japan with Paul Martin that were sent for papers

 

Paul has asked me the value and the value is $2,500 so he can return these items via EMS. So0 Japan to the UK

I know if items are lost it can be an absolute nightmare to get the insurance back

So what about the value?

What they cost me or the shinsa costs?

I did think that if an item was sent to Japan but not bought in Japan the was a different excise code

 

 

Grev

 

[vajo]

Grev, i dont know in other countries but in Germany you must proof the value in case of a lost. If you choose ensurance for 1.000 Dollar and your piece is 1001 Dollar worth you dont get back any money. The most people in germany think they get back 1.000 Dollar and the one is lost. But that is an expensive error. I didnt know how that works in Japan.

[kissakai]

WOW - that is a surprise

Glad I'm not in Germany

[TETSUGENDO]

To me Tsuba and Shinsa costs would be integral, so both.  But, of course, what is logical is not always so......best to make sure.

 

-S-

[Shogun8]

Also, make sure that you include the UK's applicable Tariff Code for antiques because you don't want to get hit with VAT and duties. Ideally, if you can prove that you already owned them (and ostensibly, that they had already resided in the UK) and were sent abroad for study/research/educational purposes and are now simply being returned to you, then perhaps you can also avoid the VAT as well.

[Baka Gaijin]

Hi Grev,

 

Check out tarif code 9705000090 on the HM Gov site and also look at:

 

https://www.gov.uk/duty-relief-for-imports-and-exports