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2kaccordcoupe
Guest
What you have labelled as "duty" @ 6% is probably GST. And yes, you do have to pay GST on the purchase price.
Makes sense, thanks for info.
What you have labelled as "duty" @ 6% is probably GST. And yes, you do have to pay GST on the purchase price.
just brought back 2 bikes this past weekend with no difficulty...
faxed US customs a copy of the title last week, when I got to the border yesterday, gave US customs the actual title, they stamp it and off we were to the CDN side... declared the bikes, went to customs, filled out a form (basic info) and showed the title... paid the 6% GST on the CDN value... and then showed them a copy of the auction I won... they went to verify it and we were out of there in 10 mins...
just gotta wait now for the paperwork before we can bring the bikes to CDN tire and get the federal inspection... then it's off to the MTO...
FYI... CDN customs will check the price... they caught a father and son who asked the seller (a dealership) to write the bill of sale $1000 less than what it was... Customs did a check and they caught them trying to cheat the system...
I got the information from this post... He mentioned 6% on the CDN value, now I'm confused
You pay GST on the price you paid after converting the US $ purchase price into CDN $ at the current daily rate.
cool, so with the input you have provided here is the new breakdown...
Cost of the bike = USD $9299 (CAD $10,895.38 )
RIV fees = CAD $195.00 + GST = CAD $206.70
6% GST on Price (CAD $10,895.38) = CAD $653.72
Total cost once you cross the boarder = CAD $11,758.80
Then are you saying I still need pay 8% PST on CAD $10,895.38 when I register it with the MTO?
Yup, plus you'll need to have the bike certified.
I'm looking at importing a bike from the states (new or used, havent decided yet)
The RIV site states under modification and inspection requirements for bikes: [FONT=Arial,Helvetica,Univers,Zurich BT][SIZE=-1] All Lights On.
I'm new to bikes, do bikes come with DRLs like cars?
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Actually, you do have to pay 6% Duty on it if it wasn't built IN north america.
Taken from Forward Air's website:
"Effective June 1, 2006, Forward Air will no longer accept Motorcycle shipments to Canada due to U.S. Customs requirements."
This has put paid to my plan for shipping a bike across the border. I don't know what the new regulations are, but I think other shipping companies will also stop shipping bikes over.
cool, so with the input you have provided here is the new breakdown...
Cost of the bike = USD $9299 (CAD $10,895.38 )
RIV fees = CAD $195.00 + GST = CAD $206.70
6% GST on Price (CAD $10,895.38) = CAD $653.72
Total cost once you cross the boarder = CAD $11,758.80
Then are you saying I still need pay 8% PST on CAD $10,895.38 when I register it with the MTO?
Yes, you pay taxes on the amount listed on the bill of sale, not the listed msrp