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Duty on engagement ring?

  • 15-11-2006 6:15pm
    #1
    darkskol
    Registered Users, Registered Users 2 Posts: 1,233 ✭✭✭


    Hi, mods feel free to move if this is not suitable place for this.

    The thing is my sister in the US has an engagement ring that has been in the family for years. It is the type of ring my girlfriend would go for. So the family decided I should give it to my girlfriend here. My sister said she would fedex it over putting full value now of €3500 on parcel and insuring it.

    Now my question is would I have to still pay customs/duty on this ring when it reaches Ireland even though it was originally bought in Dublin over 50 years ago.(so VAT already paid?) (the receipt has been lost many a year ago so no proof that it was purchased here)

    Thank you for any advice that you may have.


Comments

  • #2
    eth0_
    Registered Users, Registered Users 2 Posts: 10,846 ✭✭✭✭eth0_


    Technically yes, if you have no receipt. Even if it's a present, duty is still liable.
    But the chances of being stung for duty aren't too high.

    Or you could bring your gf to the US to propose :)


  • #3
    mcaul
    Closed Accounts Posts: 1,493 ✭✭✭mcaul


    Check with customs & excise if there is a way to do it.


  • #4
    darkskol
    Registered Users, Registered Users 2 Posts: 1,233 ✭✭✭darkskol


    Going to make a phone call to customs and excise on monday. Thanks for the advice :)


  • #5
    ciaran76
    Registered Users, Registered Users 2 Posts: 4,705 ✭✭✭ciaran76


    darkskol wrote:
    Hi, mods feel free to move if this is not suitable place for this.

    The thing is my sister in the US has an engagement ring that has been in the family for years. It is the type of ring my girlfriend would go for. So the family decided I should give it to my girlfriend here. My sister said she would fedex it over putting full value now of €3500 on parcel and insuring it.

    Now my question is would I have to still pay customs/duty on this ring when it reaches Ireland even though it was originally bought in Dublin over 50 years ago.(so VAT already paid?) (the receipt has been lost many a year ago so no proof that it was purchased here)

    Thank you for any advice that you may have.

    You shouldn't have to pay. I used to work doing this a few years ago and I/we let many people not pay for this type of reason.
    You will need proof of ownership etc etc. Get customs to look at it to prove its over 50 years old aswell. This can be done.


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