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Singapore Customs is investigating a 25-year-old man for allegedly failing to declare pokemon trading card collection Valued at over £22,500.
The Immigration and Checkpoints Authority said its agents discovered the undeclared cards during baggage checks. Changi Airport On 10 October.
The Singaporean man was sent to a screening area for observation, but he told officers he had “nothing” to declare, the agency said in a report. Facebook post on October 14However, scanning of their luggage revealed a large quantity of mixed luggage pokemon card,
The case was later referred to Singapore Customs for further investigation. Officials did not give any further information about it.
In its post, the immigration agency reminded all travelers that they must declare and pay duty as well as goods and services tax on all dutiable or taxable items purchased abroad that exceed their duty-free or GST relief allowance.
Travelers unsure about declaration requirements are advised to use the Red Channel or visit the Singapore Customs Tax Payment Office.
Under Singapore law, all goods brought into the country are subject to nine percent GST.
Travelers returning after a trip of 48 hours or more can claim relief on luggage worth up to $500, while travelers who have been abroad for less than 48 hours are only entitled to relief of $100. Crew members and long-term pass holders are not eligible for such discounts.
Goods that exceed the duty-free limit and are not declared may be subject to financial penalties or prosecution.
The value of Pokémon trading cards has increased in recent years, with rare cards becoming collectibles among investors.
The value of cards has increased 3,800 percent since 2004, far exceeding traditional stock market gains, according to data from analytics firm Card Ladder. Straits Times,