Question

Asked by John Lee from singapore | May. 20, 2014 03:59

About:China Travel Tips

Bringing in Gold Bar as marriage dowry

I'm planning to bring in a 100g gold bar into China. How much taxes would I need to pay? If I split it to 50g (Passenger A) & 50g (Passenger B) do I still need to pay tax?

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Answers (1)

Answered by James | May. 21, 2014 02:11

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If you carry more than 50 grams gold, you must declare it to the customs. If the customs agree that it doesn't exceed reasonable quantities for personal use, then you won't pay the tax. If the customs believe that it exceeds the limit, then you will be asked to provide the document provide by People's Bank of China. I am afraid that you may not have this document.

It's ok for you to split to two bars. Passengers A and B won't be stopped by the customs. They also don't need to declare it.

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