What are the conditions on importing from USA to Canada?
I have read...
1. Certain: Pre-2007 there was an excise tax of 10% which is no longer.
2. Certain: You must pay the proper GST/PST/HST depending on where you live in Canada.
3. Certain: Watch what company is shipping as handling fees are different - FedEx Express suggested.
4. Certain: Cheapest way is to pick it up in the States and bring it back yourself without declaring it - Discussed enough already.
5. Questionable: Lots of talk and mixed comments regarding whether there is duty on loose diamonds vs completed engagement rings.
6. Questionable: No talk of loose gemstones vs completed rings (this is what I''m really interested in).
7. Questionable: Technically NAFTA states it is the origin of the product that matters in deciding whether it has free trade or not. It must be marked as NA origin or just not marked other than NA (no origin markings). For diamonds I would think there isn''t an issue since there are minds here in Canada and thus if not marked one must beleive it could be from NA. But for something like a tsavorite there are certainly no minds in NA and thus technically does not fall under NAFTA. Now, if the rough came from Africa and was cut in the USA or the cut stone came from Africa and was put into a setting in the USA then I could see how it would then fall under NAFTA and cross into Canada duty free. Thoughts?
8. Questionable: I''m crazy
I have read...
1. Certain: Pre-2007 there was an excise tax of 10% which is no longer.
2. Certain: You must pay the proper GST/PST/HST depending on where you live in Canada.
3. Certain: Watch what company is shipping as handling fees are different - FedEx Express suggested.
4. Certain: Cheapest way is to pick it up in the States and bring it back yourself without declaring it - Discussed enough already.
5. Questionable: Lots of talk and mixed comments regarding whether there is duty on loose diamonds vs completed engagement rings.
6. Questionable: No talk of loose gemstones vs completed rings (this is what I''m really interested in).
7. Questionable: Technically NAFTA states it is the origin of the product that matters in deciding whether it has free trade or not. It must be marked as NA origin or just not marked other than NA (no origin markings). For diamonds I would think there isn''t an issue since there are minds here in Canada and thus if not marked one must beleive it could be from NA. But for something like a tsavorite there are certainly no minds in NA and thus technically does not fall under NAFTA. Now, if the rough came from Africa and was cut in the USA or the cut stone came from Africa and was put into a setting in the USA then I could see how it would then fall under NAFTA and cross into Canada duty free. Thoughts?
8. Questionable: I''m crazy