25% on the first $100,000 of the Hammer Price
20% from $100,001 to $2,000,000 of the Hammer Price
12% on the excess over $2,000,000 of the Hammer Price
Custom's duty, calculated at 2.5% of the purchase price, and associated import fees are payable on all lot marked with this symbol. However, if the purchased lot is exported within certain criteria, the duty can be refundable.