Post
Topic
Board Hardware
Re: Will you declare the import amount low when you import the miner from China?
by
hZti
on 03/01/2023, 11:08:00 UTC
If the tax is high for you, then it means you shouldn't import it. Declaring fake amounts will only give you trouble. You'll lose more than the tax money and risk yourself for a jail sentence.
Risk jail sentence? For under-declaring imported goods? In what country? Roll Eyes But still, I understand trouble for refusing to pay fine once caught, blah blah. But not just for under-declaring goods value! Imagine making typo in customs declaration and insta prison lol. This does not happen.

No idea so far, risk exists everywhere Undecided we'd better follow the local rule to avoid more troubles.

If you really want to save on those import fees than try to buy locally. You can choose for example used hardware or sometimes even new with good prices. What would also be possible to contact the manufacturer. If enough people would do it they can set up a workshop in the US or Europe. They ship the unassembled parts there and can declare a low value, because it is just simple parts. The pay import tax on those low values. Then they assemble it and sell it to you directly locally. Now they can say that most of the value comes from the product as a whole thing. Meaning on most of the price they will not pay import taxes.