Danimals
·Hey all,
Been looking at buying a used international watch and shipping to US. I was doing some research and saw a recommendation to have the seller use a watch worksheet to help reduce total duties paid. Has anyone done this / have experience?
Without watch worksheet, 15% applied to the paid value.
With watch worksheet: flat $1.53 for the movement, 4.2% of the case, 2% of the bracelet.
For my scenario (stainless steel 1990s speedy, 3520.50), that's a cost of about $40 instead of $450, does that seem right?
Been looking at buying a used international watch and shipping to US. I was doing some research and saw a recommendation to have the seller use a watch worksheet to help reduce total duties paid. Has anyone done this / have experience?
Without watch worksheet, 15% applied to the paid value.
With watch worksheet: flat $1.53 for the movement, 4.2% of the case, 2% of the bracelet.
For my scenario (stainless steel 1990s speedy, 3520.50), that's a cost of about $40 instead of $450, does that seem right?