A Customs survey of low value imports found 1/4 undervalued, $158000 recovered. This could catch on.
http://www.stuff.co.nz/business/industries/9142286/Imports-undervalued-to-avoid-GST
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Common sense is not as common as you think.
CYaBro: I've had goods supplied by a company in the USA that were "Valued" at $100 but the actual products were around $7,000.
I didn't ask them to do this, they just did it themselves.
Geektastic:
Most annoying is when overseas relatives send gifts and you end up being charged GST on them. That I think is particularly underhand.
Geektastic: And why are clothes and footwear tariffed in NZ when almost no industry exists here?
It's a random 10% tax on something we all need.
Bung: A Customs survey of low value imports found 1/4 undervalued, $158000 recovered. This could catch on.
http://www.stuff.co.nz/business/industries/9142286/Imports-undervalued-to-avoid-GST
numfarr:Bung: A Customs survey of low value imports found 1/4 undervalued, $158000 recovered. This could catch on.
http://www.stuff.co.nz/business/industries/9142286/Imports-undervalued-to-avoid-GST
Cost of this six month operation: $300,000? $1.5 million?
jfanning:Geektastic: And why are clothes and footwear tariffed in NZ when almost no industry exists here?
It's a random 10% tax on something we all need.
Maybe because those industries still exist in NZ, almost no doesn't mean none.
Geektastic: Since the limit is too low, I have no qualms about outwitting the government wherever possible.
One thing I have done before when I want camera gear from the US is to have it sent to my brother, get him to unpack it and mail it without the original packaging with a note saying 'here is the lens you left with me last time I saw you - thanks for the loan!".
Most annoying is when overseas relatives send gifts and you end up being charged GST on them. That I think is particularly underhand.
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