Author Topic: Import Tax on Watches (Customs Verified)  (Read 838 times)

Offline thisisdk

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Import Tax on Watches (Customs Verified)
« on: April 30, 2019, 02:08:53 PM »
Hi MWF,

Just picked up my watch from customs today and got a definitive clarification from them on the tax imposed on watches imported from overseas.
It doesn't matter if it is a used / preowned watch or a brand new watch.
All watches are taxed at 5%.
Hope this helps you guys out.

Offline flatcap200

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Re: Import Tax on Watches (Customs Verified)
« Reply #1 on: April 30, 2019, 02:10:26 PM »
Very useful info. Tqvm.

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Offline mister_lau

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Re: Import Tax on Watches (Customs Verified)
« Reply #2 on: April 30, 2019, 03:30:56 PM »
Strange, I have been buying a lot of watches from overseas but never paid any import duty.

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Offline gibsonforever

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Re: Import Tax on Watches (Customs Verified)
« Reply #3 on: April 30, 2019, 04:13:02 PM »
Tax will be imposed for watch + shipping cost over RM500. Meaning 5% tax is based on the declared watch price + shipping cost. If your seller use DHL, there is additional service charge because DHL will pay the tax in advance on your behalf. Meaning you don’t have to declare personally at the custom/POS. But DHL will only proceed with delivery after all the payment has settled.


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Offline D'Andy

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Re: Import Tax on Watches (Customs Verified)
« Reply #4 on: May 01, 2019, 06:40:12 AM »
Well, it's supposed to be a simple 5% but not necessarily so. New watches yes. Pre-owned and vintage, rightfully speaking should be also 5% but they could also treat it as purchase for parts cannibalisation and that would attract the 10% tax. So you have to get your seller to document the sale invoices without mentioning used parts. For instance, I recently acquired a vintage DD36 with extra parts, and the moment parts were seen in the invoice, it was whacked with the 10% tax for the full amount  :o

But then again, I order watches on a monthly basis and many pieces came in under the radar; so it looked like they go on a sampling basis there.
Watch hobbyist @ andywristwatches.blogspot.com. Current faves in my collection :

Rolex | Omega | Bell & Ross | Panerai | Seiko | G-Shock |

Offline wwf

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Re: Import Tax on Watches (Customs Verified)
« Reply #5 on: May 30, 2019, 09:29:02 PM »
some stupid question from me, how they know the contains inside the package is a  watch ya? can we ask the seller name this as clock and pen, isntaed of watch?

Offline hsnrhashim

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Re: Import Tax on Watches (Customs Verified)
« Reply #6 on: June 02, 2019, 05:08:31 AM »
Depends on the seller’s honesty I guess. The seller that I bought declare the watch as Precision Instrument, which a mechanical watch is one..


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Offline tannitech

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Re: Import Tax on Watches (Customs Verified)
« Reply #7 on: June 02, 2019, 08:48:37 AM »
Well, it's supposed to be a simple 5% but not necessarily so. New watches yes. Pre-owned and vintage, rightfully speaking should be also 5% but they could also treat it as purchase for parts cannibalisation and that would attract the 10% tax. So you have to get your seller to document the sale invoices without mentioning used parts. For instance, I recently acquired a vintage DD36 with extra parts, and the moment parts were seen in the invoice, it was whacked with the 10% tax for the full amount  :o

But then again, I order watches on a monthly basis and many pieces came in under the radar; so it looked like they go on a sampling basis there.

Speaking of this, Andy considering your experience, do you have any watches that you will and will not buy via online, especially for those who have concerns on the originality and after sales service.

I do agree reviews can help, but reviews can be rigged too.  Still pretty hard to consider buying expensive things like this and having to deal with some overseas merchant..

Offline D'Andy

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Re: Import Tax on Watches (Customs Verified)
« Reply #8 on: June 11, 2019, 01:00:05 PM »
Speaking of this, Andy considering your experience, do you have any watches that you will and will not buy via online, especially for those who have concerns on the originality and after sales service.

I do agree reviews can help, but reviews can be rigged too.  Still pretty hard to consider buying expensive things like this and having to deal with some overseas merchant..

Wherever possible, I try to do local COD purchases. However, there are some watches that are hard to get locally but could be purchased from online dealers; and I'm game for that too. At the end of the day, I go by the adage of buying the seller, not the watch  :thumbsup:
Watch hobbyist @ andywristwatches.blogspot.com. Current faves in my collection :

Rolex | Omega | Bell & Ross | Panerai | Seiko | G-Shock |

Offline mwfchai

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Re: Import Tax on Watches (Customs Verified)
« Reply #9 on: June 11, 2019, 01:42:45 PM »
My experience on tax by customs:-

I bought a watch from Borealis (Portugal based), paid the pre-order price.

The tax imposed was on the balance of the cost of the watch (minus the pre-order price) as that was the price declared to customs.  Win win IMHO