Most american shops won't underdeclare, many sellers on eBay from the US refuse to lie on the customs form, many won't even want to put 'gift' o nit, eventhough it could have been a gift to someone or to yourself .......I wished Bush could learn from these compatriots!.......BiG liar! ha!
Most sellers on eBay also want to insure, but some inexperienced ones don't.....if you don't want to insure, it is better to ask them to send by EMS courier which is safe and fast....check the USPS website, www.usps.com
There is some debate as how to judge the value of an item....a one dollar item to someone maybe worth 500 dollars to another, offcourse the customs doesn't care, they only want to know how much you paid for it, including the postage (which can not be underdeclared )....
oh yah another thing is that if u do not have a receipt etc to show how much the thing is, remember to print out the email, or private msg correspondences that refer to how much that thing is... will make it much more convenient for you when the customs pple calculate the gst...
Yeah, you are correct.
Went to ICA at Sing Post Centre to collect the parcel. GST was based on the amount paid for the item, shipment/postage and insurance(if any) and calculated at the prevailing conversion rate.
I think the postal dept randomly check on the value of parcels. Last Nov, I received a camera won with a bid of US$525 from ebay and shipped from US. It was delivered by the other local postal agency and not stoped at ICA for GST payment.