nero123 Posted January 25, 2011 Share I know that you have to pay 25% import tax + 14% vat on complete bikes bought from overseas but has anyone bought a complete bike from overseas and paid these amounts? Thanks! Link to comment Share on other sites More sharing options...
Zula Posted January 25, 2011 Share I know that you have to pay 25% import tax + 14% vat on complete bikes bought from overseas but has anyone bought a complete bike from overseas and paid these amounts? Thanks! Also very interested to see the response to this. Bikes in the USA are ridiculously cheaper Link to comment Share on other sites More sharing options...
davidw Posted January 25, 2011 Share Duty on complete bikes is 15% and not 25%. Link to comment Share on other sites More sharing options...
tmstiles Posted January 25, 2011 Share On a related point, how much of the bike would have to be taken apart to qualify as parts and not a complete bike in the eyes of the tax man? Link to comment Share on other sites More sharing options...
trekpostal Posted January 25, 2011 Share davidw is correct - refer SARS http://www.sars.gov.za/home.asp?pid=2630 See schedule 1, part 1, section 87.12 of the customs tariff book - 15% duties and 14% VAT on the declared purchase price It will work in your favour if the bike is stripped and shipped separately - even a day or two apart as "bicycle parts" are duty free and only VAT paid on the purchase price - section 87.14 Link to comment Share on other sites More sharing options...
Disylizzy Posted January 25, 2011 Share Kind of along the same lines, but does anyone know what the deal is with bringing a bike in to SA to ride it while on vacation, and then take it back out? Link to comment Share on other sites More sharing options...
trekpostal Posted January 25, 2011 Share No duties or VAT at all for foreign passport holders - your bike is for personal use and you are not taking up recidency Link to comment Share on other sites More sharing options...
Cyclewizz Posted January 25, 2011 Share Know somebody who brought a bike in, it was unassembled and they only paid VAT. Also know of a lady who brought a bike in and she paid ZERO but she does have a foreign passport. Link to comment Share on other sites More sharing options...
kosmonooit Posted January 25, 2011 Share If someone is bringing in parts, then assembling into bike to sell to avoid duty on bikes, they are supposed to pay Dept of Customs 'Ad Valorem' tax lol Link to comment Share on other sites More sharing options...
nero123 Posted January 25, 2011 Share But How does the foreign passport thing work. Do you just show your passport on collection of the bike? Link to comment Share on other sites More sharing options...
nero123 Posted January 25, 2011 Share To me the whole ting is ridiculous, when do how many parts make up a complete bike. I asked Chainreaction if they can dissemble a bike but they are not allowed to do it. Link to comment Share on other sites More sharing options...
AndreZA Posted January 25, 2011 Share On a related point, how much of the bike would have to be taken apart to qualify as parts and not a complete bike in the eyes of the tax man? I brought in a frame, wheels, tyres and tubes from CRC and was not charged duty. Maybe even if you bring in a complete bike but on the invoice it indicates that it is parts will you miss out on duties. Link to comment Share on other sites More sharing options...
tmstiles Posted January 25, 2011 Share So it seems like this tax thing is a bit of a hit and miss affair. Link to comment Share on other sites More sharing options...
maddox Posted January 27, 2011 Share I'll be going to the US in a couple of months and am looking to pick up a new bike. Whats the best way of getting it back here without paying an arm and a leg on VAT/import duties? Link to comment Share on other sites More sharing options...
Baldman-smith Posted January 27, 2011 Share why not take an old bike out with you and dump it there? bike out, bike in... are they really going to pick it up? Link to comment Share on other sites More sharing options...
Just Keep Pedaling Posted January 27, 2011 Share "are they really going to pick it up? " When you declare cameras on the way out they take down the serial number. They might do the same with bikes... Link to comment Share on other sites More sharing options...
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