Hi there,
I found this jewelry company that I would like to buy a solitaire ring from and had some questions...
-when I import the ring into Canada, besides Ont.'s PST+GST (13%), will I have to pay anymore fee's than this?
-do I need any special certificates or licenses or anything to import cut and polished diamond jewelry?
-does the jewelry company need to have a Kimberly certificiate that goes with my ring, and what if they dont?
-And I read that if I buy/import more than 50k of diamnd jewelry in a tear I need to sign p for the Kimberly program?
Seems like alot for something thats cut and polished and no excise tax is even on it anymore. Its not like im importing any rough stones so whats the big deal?
thanks
I found this jewelry company that I would like to buy a solitaire ring from and had some questions...
-when I import the ring into Canada, besides Ont.'s PST+GST (13%), will I have to pay anymore fee's than this?
-do I need any special certificates or licenses or anything to import cut and polished diamond jewelry?
-does the jewelry company need to have a Kimberly certificiate that goes with my ring, and what if they dont?
-And I read that if I buy/import more than 50k of diamnd jewelry in a tear I need to sign p for the Kimberly program?
Seems like alot for something thats cut and polished and no excise tax is even on it anymore. Its not like im importing any rough stones so whats the big deal?
thanks