Bringing engagement ring to singapore which was bought in germany

Bringing engagement ring to singapore which was bought in germany - Man in Black Long-sleeved Shirt and Woman in Black Dress

I am German, living in Germany. I want to propose to my girlfriend, who is living in Singapore. For that purpose I want to bring an engagement ring with me. The plan is that she will move to Germany in the beginning of next year, where she will bring back the engagement ring of course.

The Singapore Customs website gives a lot of information...too much information for me. However, related to that situation, I can not find any clear information.

What are the implications of this plan with regard to customs in Singapore?






Pictures about "Bringing engagement ring to singapore which was bought in germany"

Bringing engagement ring to singapore which was bought in germany - Crop faceless man making proposal and presenting ring to girlfriend
Bringing engagement ring to singapore which was bought in germany - Gold Plated Accessories
Bringing engagement ring to singapore which was bought in germany - Woman Holding Red and White Rose Bouquet



Can you bring jewelry into Singapore?

For most jewellers in the US, the person buying the ring is the 'importer of record'. This means that they are for paying all duties, taxes, and fees assessed by customs or the carrier. Thankfully, there's no import duty when importing a diamond ring into Singapore.

What is the import duty on diamond Jewellery?

Finance minister Nirmala Sitharaman has proposed import duty on cut and polished diamonds and polished natural gemstones to 5% from 7.5%. Sawn diamond currently attracts 7.5% duty.

Do you pay tax on engagement rings?

The cost of your engagement ring can't be deducted as a write-off on your personal income taxes. When you purchase an engagement ring, it is not only a very personal choice, but it is also a personal expense. While that personal expense may be expensive, it is not deductible on your tax return.

Does James Allen include VAT?

If you purchase it from someone like James Allen, who doesn't include VAT (FedEx collects it before delivery), then you'll have to claim it back directly from HM Revenue and Customs. James Allen will send you the appropriate forms when you request your refund to make it as easy as possible.



Never carry jewellery in check in Baggage always in hand carry!!!




Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

Images: Jasmine Carter, Marko Klaric, Pixabay, Natasha Fernandez