It looks easy enough, just click a few buttons and my ring comes. Many overseas jewellery websites are offering you the convenient option of viewing and paying in Australian Dollars and quite often also offering Free Shipping and Returns!, plus It makes sense to shop around, we all do it, no one wants to pay more than they should.
Import Tax – Duty Estimates & Calculator are listed below ↓
Sounds and looks too good? especially when you are seeing Natural Diamonds and Lab Grown Diamonds or Rings on overseas websites like Blue Nile , Brilliant Earth , James Allen , Brian Gavin , Whiteflash , 77 Diamonds Ritani etc etc at what appears great value and sometimes better than Australian websites. Well it often is too good to be true, there are hidden costs and lots of unknowns associated with importing and returning your Diamonds and Ring.
You have found our page because you were searching for what it’s really going to cost you to actually bring a diamond and/or ring into Australia. Why did we write this article? well, we see and hear from newly engaged couples that have purchased rings from overseas and need them resized, a stone is loose or just some reassurance that they have received what they paid for.
I’ve look into the up’s and downs of importing your Naturally Mined Diamond, your Lab Grown Diamond, Moissanites or Jewellery into Australia, and i’ve included a few helpful links if you are certain that’s the way to go.
Any Diamond or article of jewellery imported into Australia is subject to our 10% GST at the minimum.
Loose Diamonds & Gemstones only incur the 10% GST, However a finished article of Jewellery, eg; Engagement ring, pendant will incur an extra 5% Import Duty. So add a total of 15% on top for a finished ring.
When you pay for your Diamond or Ring you will usually be charged in US, UK or Euro's depending on the sellers location. Even if you are paying in Australian Dollars, what 'Exchange Rate' are these websites offering you? They don't say!.....Your Bank or Building Society in Australia ultimately dictates what rate you get on the day and charged accordingly.
Having second thoughts about what Engagement Ring to select? Propose with a Diamond! Every Loose Diamond Purchased from Me Jewellery is supplied with a 'Diamond Proposal Box' Your Diamond will be sent in this box ready for you propose when and where you choose. Propose with a diamond and take it to your local Jeweller, then together design your dream ring. No more worries about an incorrect finger size or the design is all wrong. Your local Jeweller can then service and maintain your ring for years to come. Or get in touch for some personalised service and have your ring designed and made by Me Jewellery.
Each and every diamond purchased will be triple checked by our in-house Gemmologist. Your diamond will be checked for the correct ‘Laser Inscription’ Colour checked and Clarity checked.
This link will take you to James Allen's Customer Service page - To get their Tax/Duty estimate you need to click the link at the bottom of the page.
"TAX & DUTY CALCULATOR" circled in red.
*Please note: Me Jewellery has listed these links in good faith to educate & inform you of what the costs are to import a loose Diamond or Engagement Ring. We do not take any responsibility for the information they have provided.
*Images: The images used-depicted on this page are borrowed from the websites indicated and are not associated with Me Jewellery. We are using these images as ‘Fair Use’ and will remove them if requested to do so.
https://en.wikipedia.org/wiki/Fair_use
We all have heard of them, and most of know that we need them to help enforce our laws and protect our Flora and Fauna from items entering Australia that may or will damage our way of life. The Australian Customs office works closely with the Australian Border Force, The Department of Agriculture, Water & the Environment, and the Federal Police to help enforce our laws.
So let’s look at what’s involved in getting your Diamond or Ring into the Country and shipped to your house.
We at Me Jewellery will try to be the most price competitive as we can be, but sometimes Diamonds, rings and Jewellery are being sold at below cost by other Jewellers and Merchants. This usually only happens rarely and is because certain items may now be classed as ‘dead stock’ it hasn’t sold so businesses move it on and free up some capital money for the business. Check the Diamond report/Certificate date, if your diamond was certified over 3-4 years ago, one has to ask, why hasn’t it been sold yet? Sometimes a bargain might be too good to be true!
If you are still deciding whether to purchase your Diamond, Ring or Jewellery oversea’s then these FAQ’s below & links may help you work out some other costs.
The Australian Border Force / Customs requires an N10 form for Formal Entry into Australia. You should find that most oversea’s jewellers will have this filled out for you with their Air Way Bill when they schedule your import.
The fee’s however are the purchasers responsibility.
This is the Link: N10 Customs
Duty Checker: Australian Government – Free Trade Portal Website
GST Calculator: Calculate your GST & Duty
BlueNile.Com Tax Information: https://www.bluenile.com/au/policies/international
Other Links
https://www.agriculture.gov.au/import/arrival/clearance-inspection/documentary-requirements
https://www.abf.gov.au/help-and-support-subsite/CustomsNotices/2015-44.pdf
https://www.abf.gov.au/imports/Pages/How-to-import/Import-declarations.aspx90
What happens when Customs or the Courier phone and say you owe this much $$$ before the article is released. If you anticipated it then all good, but you may get bill shock. Not quite right or what you thought? The big online Diamond retailers say they offer returns, but at whose costs? Check their fine print on returns. Almost all of these big online sellers expect you to pay the Return Costs and Insurance Cover for oversea’s transactions. Plus, you will NOT be entitled to any GST, Duty or DOA fee refunds from the Australian Customs Border Force or The Department of Agriculture. Associated costs in Australia are all your responsibility. IN and OUT.
James Allen.com clearly state (below) that you only pay a fee of $50 (US) to return your ring or diamond. Which isn’t too bad really for an international shipment with insurance, but there is no mention of refunding the GST and Duty if it’s a finished jewellery item.
Stop trying to find the best deal and wasting hours on the net, we take the hassle out of trying to import a Diamond or Jewellery from oversea’s. You don’t need to fill out any Customs forms, you can actually speak with the Designer and Jeweller. there are no hidden or unforeseen costs. It’s hard enough learning about diamonds and what to look for.
Search and buy online, Natural and Lab Grown Diamond inventory from around the Globe.
If you are in doubt or having trouble finding the perfect diamond then reach out, we will help you. With Mark being a qualified Gemologist, we will hunt the World searching for your that perfect Natural or Lab Created Diamond or Gemstone. We can show you or tell you what to look for when selecting a diamond, whether it’s using an ASET Tool or an Ideal Scope (Diamond Symmetry Viewer) or just explaining in detail about the 4C’s.
Don’t live nearby?, we will guarantee that your Diamond is exactly what you payed for before we ship it to you. Fully Insured by Lloyd’s of London.
Buying in Australia supports us all.
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We offer a private, no pressure personalised service. Whether it’s creating your Perfect Natural or Lab Grown Diamond Ring, designing a Bespoke piece or selecting your own loose Diamond, Pink Diamond Investments or searching for that rare Gem.
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