- Apr 17, 2011
- Reaction score
I‘ve done this before. You need to refer to the harmonized tariff schedule and it is quite detailed, based on country of origin, auto vs. manual wind, number of jewels, etc. Some watches have a very high tariff based on the factors mentioned, whereas others have almost none. The case, movement and bracelet (or strap) are separately calculated.A question about customs forms for shipment via DHL -
I have a watch incoming to the US from abroad which is being shipped by DHL. I got a text to say it’s on the way. Then I got a text with a form attached for me to complete, estimating the separate values of movement, case, strap and battery / automatic / windup.
I’m assuming that this is so they can calculate how much to sting me for on import duties. Does anyone have experience of this and if so, any advice on how to complete the form. Value of the entire watch (lightly used) is of course flexible but how on earth would you separate the value of the case from the movement?
Even the overall value? This detailed at around $6800 but on the used market I e seen them range from around 3500 to 6000 so it’s not even easy to estimate the ‘actual’ value of a lightly used watch (as opposed to what I paid). I am waiting to hear back from the seller if he specified a $$ value when he shipped and insured.
Anyone know even roughly their formula, ie if a watch is declared at a total value of $5k they’ll charge me 10 percent = $500 or something?
Advice / thoughts / experiences most welcome. Thanks.
With all that said, I searched a long time for a watch I wanted and after locating one overseas, did a rough calculation of the anticipated tariffs, based on that doc I linked. In the end, I actually paid a bit less than what I anticipated, so it was a pleasant surprise.