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It sounds easy enough, most oversea’s websites are offering you the convinient option of viewing and paying in Australian Dollars, thay are stating that the GST is also included, quite often also offering Free Shipping and Returns!. It makes sense to shop around, we all do it, no one wants to pay more than they should.
Sounds too good, especially when you are seeing Diamonds or Rings on websites like Blue Nile, Brilliant Earth, James Allen, Brian Gavin, Whiteflash, 77 Diamonds, Ritani etc etc at what appears great value and better that the Australian websites. Well it often is too good to be true, there are hidden costs and dangers associated with importing and returning your Diamonds and Ring.
I’ve look into the up’s and downs of importing your Diamonds or Jewels into Australia.
This is a true story, we had a client who asked us about comparing these two Diamonds. We had a déjà vu moment when flicking from one page to another. Both diamond images are from a major leading Diamond Jeweller in the USA, They were comparing prices, and hadn’t even noticed that the diamond images were Identical.
Many other diamonds on their website appear to show the actual diamond, but when we are presented with these two diamonds, which one is real or are neither of them? it does make you think twice, especially when we are trying to compare diamonds against diamonds not ‘apples for apples’. their Cut, Colour, Clarity and Carat weight are defining characteristics and their price is made up from these.
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 closley with the Australian Border Force, The Department of Agriculture, Water & the Environment, and the Federal Police to help enforce our laws.
So lets look at whats 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 competative as we can be, but sometimes Diamonds and Rings 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 hasnt sold so businesses move it on and free up some capital money for the business. Sometimes a bargin might be too good to be true.
If you are still deciding whether to purchase your Diamond, Ring or Jewellery oversea’s then these links may help you work out some other costs.
Border Force N10 Form
Items over $1000 – $10’000= $50
Items over $10’000 = $152
https://www.abf.gov.au/form-listing/forms/b650.pdf
The Department of Agriculture
AQIS fees, The Department of Agriculture may also wish to view or scan your import for any bio security issues. This can also cost between $70 – $170.
CUSTOMS DUTY
Australian Customs Duty Calculator
Convert your purchase into Australian dollars. The import duty is based on 5% of the value of your goods converted to Australian dollars. To calculate the GST on imported goods, add the value of the goods in Australian dollars, plus freight, insurances and the import duty.
https://www.wwcf.com.au/customs-duty-import-goods-and-service-tax-calculator/
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.aspx
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. Quite often the return costs are paid by you for oversea’s transactions. Plus you will not be entitled to any Duty refunds from Customs Border Force or The Department of Agriculture.
We take the hassle out of trying to import a Diamond or Jewellery from oversea’s. You don’t need to fill out any forms, there are no hidden or unforseen costs. It’s hard enough learning about diamonds and what to look for.
Get in touch today
ME Jewellery Design Pty Ltd
We offer a private and personalised service. Whether it’s creating your Perfect Diamond Ring, designing a Bespoke piece, or repairing and restoring a beloved jewel, we will take care of everything.
We are still operating during this Pandemic!
Custom & made to order Jewellery
may take a little longer.
Appointments
We are now able to have person to person consultations, with a limit of two adults. We provide sanitiser and can offer you medical grade face masks if required.
We can also cater for telephone and email consultations for non locals or immune compromised customers.
We cater to customers all over The World.
Mark & Emma x
Call Emma on 0405 283434 for more information