Importing Gold Jewellery Into Australia. In the process of being incorporated into jewellery, the tariff classification of pure gold changes. I can't find anything specifically dealing with bringing gold into Australia, so I would suggest contacting Australian Customs to check whether this needs to be declared.
Businesses in Australia are able to import goods from overseas as part of their activities. It should not have been confiscated unless it was being snuck into the county without declaration, in which case it would have been considered smuggled. Bureau of Labor Statistics: Measuring Price Change for Base and Precious Metals and Diamonds in the U.
Work with a specialist to make importing and exporting to the USA a hassle-free process.
The UAE is one of the major importers and re-exporters of gold and jewellery, in part because there is no import duty tax or value added tax on gold bars brought into the country.
Jewellery consisting of gold, silver or platinum does not meet the definition of precious metals in the GST Act. Its intent is merely to promote gold for the benefit of the domestic mining industry and add value to Australia's gold production. There is no minimum amount for a good to be defined as imported.