Buying gold on holidays.

Discussion in 'Gold' started by JS1880, Jan 21, 2020.

  1. minimilled

    minimilled Active Member

    Nov 24, 2019
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    The GST exemption on importing investment bar and coin of a certain fineness applies to gold, silver and platinum “and other metals” in the fine text of the regulations

    For gold I think it is .95 and for silver .999

    You’d best check but that’s a single search and click away for the topic

    An area I am wondering about it what happens if your friend goes overseas and purchases a gift for you, let’s say of .90 silver fineness. This can be labeled gift per the regulations. One issue I’d like to know, does the person sending the gift have to be a resident or citizen of the country the item is sent from?

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