Importing An Engine From Japan

[IOWNU]

Hey everyone,

Basically interested in importing an R34 GTR RB26 engine from Japan.

I've already got an FOB price on it in yen, was wondering if i'd have to pay any customs/duty on its arrival?

Also, I assume there's a way to keep these taxes at a minimum?

I'm probably going to buy it this week sometime as i need it in a hurry!

Thanks.

Edited December 26, 2005 by IOWNU

[NaStY_r33gtst]

Hey everyone,

Basically interested in importing an R34 GTR RB26 engine from Japan.

I've already got an FOB price on it in yen, was wondering if i'd have to pay any customs/duty on its arrival?

Also, I assume there's a way to keep these taxes at a minimum? 

I'm probably going to buy it this week sometime as i need it in a hurry!

Thanks.

<{POST_SNAPBACK}>

Hey, how ur doing? Im just new to this club and can u plz tell me how to create a new poll or a new quote or just basically a new forum chat?

Thanks

[IOWNU]

^^^

That is SOOOOO Off topic but anyways...

Select a forum, then click on the newtopic option to make a new thread. Once you're making the new thread, you can add a poll, pretty straight forward.

Looks like you've worked out how to quote.

[Beer Baron]

yes you will have to pay import duty, and GST on it, and the cost of freight.

so engine cost + FOB charge + freight. call that cost A

cost A + %10 (duty) = cost B

cost B + %10 (GST) = landed cost

add to this the cost of having a customs agent handle the customs clearance and payment of taxes. the charge (at a guess) would be around $50-$100.

There is no legal way to minimise the tax, they will need a proper invoice and may even request the wire transfer receipt.

[wrxhoon]

Beer baron is correct but you dont pay import duty on the freight cost from the jap docks to here , you only pay import duty on the jap land freight cost but you pay gst on the lot .

Just like he said no legal way to reduce the tax and if you do cheat and get cought you may loose the goods and be charged with criminal a offence , not worth it to save a few $ .

[IOWNU]

Thanks for the info guys.

Helped heaps.

Appreciate it.

[foznice]

Ali, Can I ask how you went about finding the engine? And if you have, how you organised/organising freight?

[IOWNU]

Ali, Can I ask how you went about finding the engine? And if you have, how you organised/organising freight?

<{POST_SNAPBACK}>

Hey mate,

My Uncle lives in Japan so I often get cars etc.

Firstly i purchased the engine for about 260,000 YEN FOB. That was an R34 RB26 engine with 68,000 kms on it......bargain if you ask me.

First time getting an engine so not sure as to the freight procedure yet...hopefully find out today or tommorow.

I'll update this thread when I have further info.

Peace.

Ali

[Baz]

Faaaaaaaaaarrkkk.... For that price get him to buy me one as well

[N1GTR]

Bargain!!! Are there any more??

[IOWNU]

Not sure.

I'll ask him when I call him if the wrecker he's getting it off has any more.

[foznice]

wooooah bargain indeed... I've had the rb25 at the back of my head for a long time now... It's just a matter of gathering some funds (as always).

[N1GTR]

Not sure.

I'll ask him when I call him if the wrecker he's getting it off has any more.

<{POST_SNAPBACK}>

Please do, PM me if there are more? thanks heaps