Hello, im having a bass shipped hear, value is $1600 + shipping... Custom charges im looking at $400!!!!!!! hell no! I was wondering could i for instance say the item is only worth $500, and get it insured for say the price.... and in effect i would only get charged the VAT on the $500 Or If i say the item is worth $500, it could only be insured for $500 I might be talking crap, i dont really understand how it works lol An advice will be much appreciated!!