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25 ear Import Rule

Posted: Mon Aug 21, 2006 7:03 pm
by sailourboy
Has anyone had experience bringing a LR into Canada which is 25 years or older? Is it duty exempt but PST and GST payable?
Cheers
Ted

15 years, 1 year, $10,000

Posted: Wed Aug 23, 2006 5:13 pm
by Revor
I am a Canadian who was working abroad.

When I brought my 1988 110 in I was tax & duty exempt because I paid less then $10,000, I had been out of the country for over 1 year and owned the vehicle for over 6 months.

If I sold my 110 in the first 2? years after returning I would have to pay the taxes.

Please take this as a guide and check with the authorities because rules change and my memory forgets...

Ryan

Taxes

Posted: Wed Aug 23, 2006 11:55 pm
by StuartL
I bought in the 1979 SIII in June and paid only GST but PST will be payable when it is registered in BC....

Hope that helps...

Check out http://www.mr2.com/TEXT/Import.html#Sec2

Slight variations in Rules US vs the rest of the world...