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79 posts

Master Geek


  # 2325236 26-Sep-2019 13:09
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Apologies if this has been discussed before but trying to get my head around these new rules regarding imports and GST/duty coming later this year.
From:
(https://www.dlapiper.com/en/newzealand/insights/publications/2019/07/nz-enacts-new-gst-rules-applying-to-online-sales-of-low-value-goods/)

[i]"The new rules are summarised below:

The rules apply to offshore companies selling low value imported goods (also referred to as 'distantly taxable goods'), being goods valued at NZ$1,000 or less (excluding shipping and insurance), to NZ consumers......

As with NZ companies, offshore companies/suppliers will only be required to register for and return GST when their supplies to NZ consumers exceed (or are expected to exceed) NZ$60,000 in a 12-month period.......

NZ Customs will not collect any form of duty on goods valued at less that NZ$1,000 (with some exceptions, such as for alcohol). Customs will still collect GST on parcels valued at above NZ$1,000, although GST registered offshore companies can choose to apply GST on parcels above NZ$1,000."[i]

So, to summarise the above; if an overseas company I'm buying goods from is not required to register for GST (because sales to NZ is expected to be less than $60,000 per year), I won't pay GST and duty providing the value of those goods (from the customs declation) is under $1000.
Is this correct?

Thanks



BDFL - Memuneh
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  # 2325246 26-Sep-2019 13:14
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@tims: So, to summarise the above; if an overseas company I'm buying goods from is not required to register for GST (because sales to NZ is expected to be less than $60,000 per year), I won't pay GST and duty providing the value of those goods (from the customs declation) is under $1000.
Is this correct?

Thanks

 

 

They may not include the GST on the invoice - in which case Customs will ask you to pay. Under $1000 imports will not have duty applied by GST is still to be paid.





 
 
 
 


18 posts

Geek


  # 2325249 26-Sep-2019 13:16
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I import lots of used items purchased off craigslist.....anybody know if GST applies to second hand goods?


73 posts

Master Geek


  # 2325302 26-Sep-2019 13:30
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Yes it does, as GST has never been charged on these goods in the first place.


18 posts

Geek


  # 2325317 26-Sep-2019 13:44
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^^^^^^ Huh? Yes it does? Or?


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  # 2325333 26-Sep-2019 13:55
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danielparker:

 

Yes it does, as GST has never been charged on these goods in the first place.

 

 

What if you bought it in a country or state that has sales tax?? Paying twice, 





Regards,

Old3eyes


73 posts

Master Geek


  # 2325338 26-Sep-2019 14:01
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Yes.. GST applies for both second hand goods purchased outside of NZ, and from those States that have sales tax.


 
 
 
 


79 posts

Master Geek


  # 2325347 26-Sep-2019 14:23
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shoedoos:

^^^^^^ Huh? Yes it does? Or?



Yes, GST is a consumption tax and that includes taxing (imported) second hand goods. It doesn't matter if the goods (new or second hand) have already been taxed (eg VAT in the UK) the GST will still be collected.


I still don't think its clear on what is taxed. For example, a FAQ from the IRD discusses gifts sent from overseas (below):

"What if my overseas relatives buy gifts which are posted to them and then they post the gifts to me in New Zealand. Will GST apply?
In this situation, the overseas supplier will not charge New Zealand GST at the point of sale because they do not know the final destination for the item is New Zealand. However, Customs will collect GST from you (the recipient in New Zealand) if the value of the gift is above NZ$1,000."

This still suggests to me that (in this case) GST will only be collected on the gift if it is valued over $1000 where I thought everything will attract GST under or over $1000.

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  # 2341242 21-Oct-2019 10:29
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Anyone have experience with shipping business shirts via Youshop? I am not worried about them compressing them hard to take up less space. Not sure if I can request that some how. 

 

 


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