Wednesday, August 18, 2010

How is the value of a package determined so that taxes and duties may be applied for shipping to CAN from US?

For example if a piece of Jewelery is ordered from US, its value will be assessed at the border and taxes and duties applied based on the assessed value. How do they assess the value? Do they use the receipt? What if the receipt is not included in the package?How is the value of a package determined so that taxes and duties may be applied for shipping to CAN from US?
Any time someone sends a parcel from the US to Canada they have to declare the value of the item.





This can be used by to determine the value of the parcel 99.99% of the time. Customs also reserves the right to open the package and verfiy if its really a 0.5 or 1.0 carat diamond.

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