Don't hand it in. If you buy a ring in Hong Kong, you don't need to pay customs duties if you meet certain conditions. According to the regulations of Hong Kong Customs, jewelry or valuables brought by individuals when entering the country can be exempted from customs duties and import goods tax if it can be proved that they belong to personal use and the value does not exceed HK$ 265,438+0,000. Customs duty refers to a kind of tax levied by the customs on the value of goods according to relevant national laws and regulations when importing or exporting goods.