princewenle
Senior Member
- Joined
- Oct 14, 2015
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LOL, how does one prove that something is a gift? A receipt from X to yourself with both parties signatures stating that it's a gift?
Sorry even though it's a gift, as long as you bring the things into Singapore and they deemed that item need clearance then you need to pay for the GST 7% of the value.
They will use their own market rate (they have a PC standby and surf the net to check the price), despite you have the receipt.
Please remember they will tax you base on the market value of the item, not the price you paid for that item.
I have encountered this before, i bought the white wine (wine for cooking purpose) it cost me around $10 each. I brought in 2 bottles and i was taxed $24 ($12 each).
The tax itself is more expensive compare to the wine. WTF!
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