Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: Shockrave on August 26, 2022, 12:04:55 PM

Title: Importing watch from Japan
Post by: Shockrave on August 26, 2022, 12:04:55 PM
Hi,

Just wanting to confirm that the cost of importing a new watch from Japan is 5% + processing fee.  Saw that there could be both SST and a duty, so double checking.

Thanks
Title: Re: Importing watch from Japan
Post by: Shockrave on August 26, 2022, 01:07:33 PM
Also, does the answer change if the item is second hand?

Thanks
Title: Re: Importing watch from Japan
Post by: Th3Loonatic on August 26, 2022, 03:25:29 PM
Will let you know next week. Just ordered a Speedy from Japan seller on Chrono24. Will see what are the charges and duties
Title: Re: Importing watch from Japan
Post by: alexkemaris on August 27, 2022, 08:03:55 AM
Doesn't matter where you're buying from, as long as the invoice declaration is wristwatch or timepiece, the import tariff is 0%. But you'll have to pay 5% SST and rm50 clearing / processing fee to poslaju. DHL is same, rm50 fee.
If you go to Pos Malaysia Int'l hub to clear yourself, no need to pay rm50 fee. But I recommend to pay it. Completely worth the hassle.
Just got my GS from rakuten Japan. Same process.

Sent from my LYA-L29 using Tapatalk

Title: Re: Importing watch from Japan
Post by: dpkong on August 27, 2022, 08:04:11 PM
what about that new 10% tax the gov't just announced?

Title: Re: Importing watch from Japan
Post by: pleasuresaurus on August 28, 2022, 08:03:45 AM
So far my experience with watches is just having to pay an additional 5% of price of goods + shipping. Jave not heard of any new rates or taxes yet tho.
Title: Re: Importing watch from Japan
Post by: Shockrave on September 01, 2022, 09:22:45 AM
Will let you know next week. Just ordered a Speedy from Japan seller on Chrono24. Will see what are the charges and duties

So how much did you end up paying?  Thanks
Title: Re: Importing watch from Japan
Post by: Th3Loonatic on September 01, 2022, 09:26:31 AM
Will let you know next week. Just ordered a Speedy from Japan seller on Chrono24. Will see what are the charges and duties

So how much did you end up paying?  Thanks

5% based on the declared Yen value of the watch (this exchange rate was more favorable than what my credit card charged me)
Then +rm50 UPS handling fee
Thing is customs was slow so I still haven’t paid them yet coz they haven’t sent me the invoice
Title: Re: Importing watch from Japan
Post by: jf98 on September 03, 2022, 11:50:18 PM
I've got a few new watches coming from Switzerland, Japan and France. Will update this thread if there's any deviation from the standard 5% SST + courier handling fees, although I don't anticipate any change
Title: Re: Importing watch from Japan
Post by: treasureplanetmy on September 17, 2022, 08:22:16 AM
I always get taxed 5% on the declared value + processing fees. Can’t really escape if you’re importing from overseas.
Title: Re: Importing watch from Japan
Post by: hong999 on September 20, 2022, 12:24:33 PM
Based on my 3 watch acquisition at past, there were taxed 5% (of ur declared value if lucky, or based on custom real value) + processing fees.

The custom is likely open the parcel, when the watch is send with box. They will do a quick internet search and find out the watch value .... In any case if you under report the parcel value, the custom will upscale the value to market price and tax you 5% based on the new value. Any dispute of value, you are required to provide the payment evidence / purchase receipt to custom / Fedex / DHL. Same principal applied to any watches send to oversea for Return & Repair.

For those kena 5% of declared value, you are the lucky one...
Title: Re: Importing watch from Japan
Post by: bc40 on October 22, 2022, 08:34:55 AM
yea 5% sst
Title: Re: Importing watch from Japan
Post by: qhy500 on January 14, 2023, 01:17:30 PM
I've got a few new watches coming from Switzerland, Japan and France. Will update this thread if there's any deviation from the standard 5% SST + courier handling fees, although I don't anticipate any change

Were there any deviation? or all 5%?
Title: Re: Importing watch from Japan
Post by: hong999 on January 14, 2023, 04:07:10 PM
All 5%,

but the custom will check ur package sometimes to verify the value, if they feel the merchant under report the watch value, they will add the value and you need to pay the 5% based on the new value (by custom).
Title: Re: Importing watch from Japan
Post by: jf98 on January 14, 2023, 05:23:08 PM
Update ; standard 5% tax on value of watch + shipping costs. Additional RM50 handling fee charged by DHL.
Title: Re: Importing watch from Japan
Post by: Zaini on February 13, 2023, 08:09:44 AM
IF you have a choice in choosing the shipping partner, opt for DHL instead. They've been very good to me. No to UPS. They suck big time. Hope it helps.
Title: Re: Importing watch from Japan
Post by: afiq asyran on April 15, 2023, 07:14:58 AM
Bought a watch from Japan online during covid lockdown, if I remember correctly you need to pay the tax to DHL. Since DHL pay it for you to the custom. I might be wrong, that was my first purchase from oversea.


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Title: Re: Importing watch from Japan
Post by: hoho1111 on September 20, 2023, 06:38:57 AM
TIL that Korea taxes import like pigs