Author

Topic: Anyone bought Trezor wallet? Custom asking for 3300rs Bucks as Duty (Read 3307 times)

member
Activity: 210
Merit: 16
Decentralize $15-Trillion Global Trade Industry
For everyone in India looking for a hardware wallet, you might want to consider Ledger Nano S wallet. It is a very popular and reliable hardware wallet and supports more coins than Trezor. You can get it on Amazon without any hassles related to custom.

Also, I noticed few people offering to sell their wallets. NEVER BUY A SECOND-HAND WALLET. It is very risky and you might end up losing all your coins. There have been few cases in the past where all of the coins of the users of second-hand wallets were STOLEN. Always buy it from a reliable source like Amazon or the wallet's own website.


Second hand wallets are also safe provided you know how to reset the 24 word phrase and make it like a new one. Even Amazon can't be trusted according to your logic since people selling are not authorized resellers and neither it is being shipped by people who have any affiiations with trezor. The most reliable would be buying from the website and if you are already given some 24 word phrase, just create a new one which will work exactly as a new one!
newbie
Activity: 9
Merit: 0
For everyone in India looking for a hardware wallet, you might want to consider Ledger Nano S wallet. It is a very popular and reliable hardware wallet and supports more coins than Trezor. You can get it on Amazon without any hassles related to custom.

Also, I noticed few people offering to sell their wallets. NEVER BUY A SECOND-HAND WALLET. It is very risky and you might end up losing all your coins. There have been few cases in the past where all of the coins of the users of second-hand wallets were STOLEN. Always buy it from a reliable source like Amazon or the wallet's own website.
full member
Activity: 160
Merit: 100
If you are looking for hardware wallet, IMHO, Trezor is best. I got it using expressed shipping, and there was no extra charges in customs or tax etc.

Order it on your personal name and address, for business address and name they MAY ask for declaration and verification documents.

Regards
Mahin
Zebpay

Hello Mahin,
Since you're from zebpay I would like to ask whether or not zebpay uses Trezor wallet to help keep the funds safe?
full member
Activity: 294
Merit: 100
USE Ledger NANO. They have an official distributor in India and its better as well ...more support.
member
Activity: 168
Merit: 10
WEICROWD.COM - ICO Tech, Funding & Exchange
Want to order one. Can any one share the latest experience with Indian customs? What are they charging now?
member
Activity: 210
Merit: 16
Decentralize $15-Trillion Global Trade Industry
Where are you buying this wallet? I have never heard, but now I am discovering to have an offline wallet for security since online wallets are being hacked.

From their website. I Bought and paid 11.5k as the customs. If you want to buy you can take one from me for 14k.
What is the name of the website? I don't have much Bitcoins in my wallet, but surely looking for future.

It is trezor.io ..costs around 89 euro if one is in czech republic but when you bring it to india all hell breaks loose..60 euro for speedy shipping..26 euro for dhl..and then the igst, custom duty, this that.
After etherdelta hack i got scared and simply ordered it..now atleast i can get all my fork coins and safety .
full member
Activity: 756
Merit: 103
Where are you buying this wallet? I have never heard, but now I am discovering to have an offline wallet for security since online wallets are being hacked.

From their website. I Bought and paid 11.5k as the customs. If you want to buy you can take one from me for 14k.
What is the name of the website? I don't have much Bitcoins in my wallet, but surely looking for future.
member
Activity: 210
Merit: 16
Decentralize $15-Trillion Global Trade Industry
Where are you buying this wallet? I have never heard, but now I am discovering to have an offline wallet for security since online wallets are being hacked.

From their website. I Bought and paid 11.5k as the customs. If you want to buy you can take one from me for 14k.
full member
Activity: 756
Merit: 103
Where are you buying this wallet? I have never heard, but now I am discovering to have an offline wallet for security since online wallets are being hacked.
legendary
Activity: 938
Merit: 1001
just got my trezor , 5537 Rs duty paid
member
Activity: 210
Merit: 16
Decentralize $15-Trillion Global Trade Industry
I have ordered a multipack at my home address.  Are you sure that if ordered at home address there won't be any custom duty? Also isn't the custom duty capped at some particular percentage of the bill value? Normally whenever i ordered anything from amazon global store it should be used be just 10 percent or less.
legendary
Activity: 1258
Merit: 1001
I had bought this as well and have used it extensively. I got it on some offer where i paid for 2 and got 3 delivered.

I got it to my personal name and did not end up paying any custom duty.

Regards
Is there any limit as to how many coins can be stored in one wallet?If yes what is the maximum limit of one wallet? if not why you bought two?
There is no limits as such. You can generate multiple wallets on the same device itself.

Needed two for different purposes. Also having two will allow you to clone the keys and you can throw the second one into a locker for just in case reasons - however you can always recover your keys using the 24 key words without the actual trezor though but having the second one makes your life easier.

Regards
hero member
Activity: 700
Merit: 500
I had bought this as well and have used it extensively. I got it on some offer where i paid for 2 and got 3 delivered.

I got it to my personal name and did not end up paying any custom duty.

Regards
Is there any limit as to how many coins can be stored in one wallet?If yes what is the maximum limit of one wallet? if not why you bought two?

I doubt there is any limit to store any amount of btc in wallet.
legendary
Activity: 854
Merit: 1000
I had bought this as well and have used it extensively. I got it on some offer where i paid for 2 and got 3 delivered.

I got it to my personal name and did not end up paying any custom duty.

Regards
Is there any limit as to how many coins can be stored in one wallet?If yes what is the maximum limit of one wallet? if not why you bought two?
full member
Activity: 199
Merit: 101
How did you get it without duty? Did it come through the post office?


geography affects too much!
legendary
Activity: 1184
Merit: 1013
If you are looking for hardware wallet, IMHO, Trezor is best. I got it using expressed shipping, and there was no extra charges in customs or tax etc.

How did you get it without duty? Did it come through the post office?
He was just lucky that the customs were clumsy while checking out his package else they would have tagged it as worth a lot and would have demanded a fortune. It all depends of vigilance of the customs. Yes, it usually comes by Bhartiya Daak after getting released by Customs.
newbie
Activity: 32
Merit: 0
If you are looking for hardware wallet, IMHO, Trezor is best. I got it using expressed shipping, and there was no extra charges in customs or tax etc.

How did you get it without duty? Did it come through the post office?
jr. member
Activity: 54
Merit: 10
hero member
Activity: 700
Merit: 500
Did you brought it finally or its still with customs?
hero member
Activity: 854
Merit: 501
Serious businesses do not entertain a request to mark the parcel as gift. If they get caught, then they may have to face penalties etc in their country.

It is not really advisable to mark the item as gift or declare it under valued - both the buyer and seller could end up in trouble.
It used to work for me, but if someone doesn't want to mark it as gift then I guess levying tax on trezor was absolutely fine on part of customs.
Yo, just that sometimes it escapes and some times we end up paying.

Most of the times custom cannot be escaped.
legendary
Activity: 1258
Merit: 1001
Serious businesses do not entertain a request to mark the parcel as gift. If they get caught, then they may have to face penalties etc in their country.

It is not really advisable to mark the item as gift or declare it under valued - both the buyer and seller could end up in trouble.
It used to work for me, but if someone doesn't want to mark it as gift then I guess levying tax on trezor was absolutely fine on part of customs.
Yo, just that sometimes it escapes and some times we end up paying.
legendary
Activity: 1184
Merit: 1013
Serious businesses do not entertain a request to mark the parcel as gift. If they get caught, then they may have to face penalties etc in their country.

It is not really advisable to mark the item as gift or declare it under valued - both the buyer and seller could end up in trouble.
It used to work for me, but if someone doesn't want to mark it as gift then I guess levying tax on trezor was absolutely fine on part of customs.
sr. member
Activity: 1022
Merit: 280
Serious businesses do not entertain a request to mark the parcel as gift. If they get caught, then they may have to face penalties etc in their country.

It is not really advisable to mark the item as gift or declare it under valued - both the buyer and seller could end up in trouble.


Different countries has different rules of custom. So we should be careful in transactions to avoid penalties.
legendary
Activity: 1258
Merit: 1001
Serious businesses do not entertain a request to mark the parcel as gift. If they get caught, then they may have to face penalties etc in their country.

It is not really advisable to mark the item as gift or declare it under valued - both the buyer and seller could end up in trouble.
legendary
Activity: 1184
Merit: 1013
I bought the trezor finally but i am quite shocked after contacting the dhl Support, they are asking for 3337rs custom duty charges on this?
I mean really? anyone can help me sort this out please reach me if possible
The product is still in transit and will take a day or two to reach, i have already raised a complaint mail and contacted support

I am getting this
'We thank you for writing to us.
 
We wish to inform you that as per invoice the contents are Data security device with cable and Trezor white or USB device and the total amount mentioned is 104 USD. The shipment has been filed as per the invoice and duty calculated accordingly, kindly find the duty invoice attached for your reference."

or

"We apologize for the inconvenience caused to you. We wish to inform you that the duty has been levied by the customs on the reappraised value. The assessable value has been revised by customs to 8400 INR and 1850 INR to bring it in line with the market value. This is because during examination, the customs found the value declared as too low. Hence, duty levied is correct and we request you to make the payment to affect the delivery. Kindly find bill of entry attached"

Any help? this really ruined my day

Next time get your parcel marked as "Gift", you wont have to pay duty on that amount with the parcel being marked as gift. Now there is really nothing you can do about it. Just pay the duty and get your Trezor, later on write a letter to the Customs claiming that your parcel's value was incorrectly determined(if you are extremely lucky then they will refund you some money).
legendary
Activity: 1258
Merit: 1001
Customs usually charges higher for things in demand. What i would recommend is that you use Bread wallet.

As you are looking for security, Bread wallet is the most secure as it combine the security of IOS.  Smiley
I doubt if customs can really see that trezor is in demand. They would be catching on words like "secure" and "wallet" to access its value if they think the invoice is under valued and if they cannot find the real value online from official source.

Regards
legendary
Activity: 1302
Merit: 1037
Customs usually charges higher for things in demand. What i would recommend is that you use Bread wallet.

As you are looking for security, Bread wallet is the most secure as it combine the security of IOS.  Smiley
full member
Activity: 202
Merit: 100
I bought the trezor finally but i am quite shocked after contacting the dhl Support, they are asking for 3337rs custom duty charges on this?
I mean really? anyone can help me sort this out please reach me if possible
The product is still in transit and will take a day or two to reach, i have already raised a complaint mail and contacted support

I am getting this
'We thank you for writing to us.
 
We wish to inform you that as per invoice the contents are Data security device with cable and Trezor white or USB device and the total amount mentioned is 104 USD. The shipment has been filed as per the invoice and duty calculated accordingly, kindly find the duty invoice attached for your reference."

or

"We apologize for the inconvenience caused to you. We wish to inform you that the duty has been levied by the customs on the reappraised value. The assessable value has been revised by customs to 8400 INR and 1850 INR to bring it in line with the market value. This is because during examination, the customs found the value declared as too low. Hence, duty levied is correct and we request you to make the payment to affect the delivery. Kindly find bill of entry attached"

Any help? this really ruined my day


If you have some contacts in customs, you can ask for a revaluation. They will probably assess it again, maybe they are assessing it under the wrong HS code, you may provide them the right HS code which may have a different duty percentage to be paid. However, what will then happen is that the wallet will have to be stored in warehouse, and dhl will start charging you warehousing charges. which will make the duty amount keep going up. It is only 3300 rupees, just pay the duty, get your product and get done with it. If you dont pay and get stuck, trying to eventually get it out of customs will be a greater headache, than anything else.
legendary
Activity: 1258
Merit: 1001
There was an offer of 3 for 2 when i got them. I paid in BTC. I got the delivery to my doorstep and no customs. May be it did come to my individual name and hence did not get struck at customs.

Also, like Mahin says, it just looks to be an unfortunate situation. Also 3300rs customs is too much for a piece though.
legendary
Activity: 1105
Merit: 1001
https://www.zebpay.com
I bought the trezor finally but i am quite shocked after contacting the dhl Support, they are asking for 3337rs custom duty charges on this?
I mean really? anyone can help me sort this out please reach me if possible
The product is still in transit and will take a day or two to reach, i have already raised a complaint mail and contacted support

I am getting this
'We thank you for writing to us.
 
We wish to inform you that as per invoice the contents are Data security device with cable and Trezor white or USB device and the total amount mentioned is 104 USD. The shipment has been filed as per the invoice and duty calculated accordingly, kindly find the duty invoice attached for your reference."

or

"We apologize for the inconvenience caused to you. We wish to inform you that the duty has been levied by the customs on the reappraised value. The assessable value has been revised by customs to 8400 INR and 1850 INR to bring it in line with the market value. This is because during examination, the customs found the value declared as too low. Hence, duty levied is correct and we request you to make the payment to affect the delivery. Kindly find bill of entry attached"

Any help? this really ruined my day


Well, it looks like something has changed or you are unfortunate. I have not paid any duty fro my trezor and as per dashigriddler also he has not paid any duty.

I have no idea if you can contest/challenge custom duty evaluations.  I hope someone else can help you with the same.

Regards
Mahin
Zebpay
legendary
Activity: 1258
Merit: 1001
If you get two of them, you can essentially make the second one the clone of first. Then you can use any one of those devices to sign the transaction and keep the other one safely.

Also there is a nice password protection which works like it is the part of the initial key. If this password is wrong, you dont really get a message that it is wrong but the trezor loads the wrong wallets - so even if your trezor gets mis-placed, they cannot really brute force your password easily.

Regards
legendary
Activity: 854
Merit: 1000

If you are looking for hardware wallet, IMHO, Trezor is best. I got it using expressed shipping, and there was no extra charges in customs or tax etc.

Order it on your personal name and address, for business address and name they MAY ask for declaration and verification documents.

Regards
Mahin
Zebpay
What were the charges of expressed shipping? Does the product come with any service guarantee?
3. Bitcoins are recoverable even if  you lose device.
This indeed is a very great advantage
legendary
Activity: 1258
Merit: 1001
I had bought this as well and have used it extensively. I got it on some offer where i paid for 2 and got 3 delivered.

I got it to my personal name and did not end up paying any custom duty.

Regards
legendary
Activity: 1105
Merit: 1001
https://www.zebpay.com
If you are looking for hardware wallet, IMHO, Trezor is best. I got it using expressed shipping, and there was no extra charges in customs or tax etc.

Order it on your personal name and address, for business address and name they MAY ask for declaration and verification documents.

Regards
Mahin
Zebpay

can you give me more details about how much good is to use Trezor and what and all facility is available to use it. benefits

Well thats you will get on their website, but few points
1. Its very secure if you follow guidelines.
2. Device is compact and easy to use.
3. Bitcoins are recoverable even if  you lose device.

Go through below
https://doc.satoshilabs.com/trezor-user/index.html

It has all the details

Regards
Mahin
Zebpay
hero member
Activity: 504
Merit: 500
If you are looking for hardware wallet, IMHO, Trezor is best. I got it using expressed shipping, and there was no extra charges in customs or tax etc.

Order it on your personal name and address, for business address and name they MAY ask for declaration and verification documents.

Regards
Mahin
Zebpay

can you give me more details about how much good is to use Trezor and what and all facility is available to use it. benefits
legendary
Activity: 1105
Merit: 1001
https://www.zebpay.com
If you are looking for hardware wallet, IMHO, Trezor is best. I got it using expressed shipping, and there was no extra charges in customs or tax etc.

Order it on your personal name and address, for business address and name they MAY ask for declaration and verification documents.

Regards
Mahin
Zebpay
jr. member
Activity: 54
Merit: 10
Jump to: