Do amazon import fees cover GST?

Forums › Off topic › Do amazon import fees cover GST?

surfisup1000

5288 posts

Uber Geek

#195061 4-Apr-2016 16:49

I am looking at buying something off amazon as follows...

Order Summary
Items: NZD 485.65
Shipping & handling: NZD 21.84
Total before tax: NZD 507.49
Estimated tax to be collected: NZD 0.00
Import Fees Deposit NZD 111.19

I was wondering, would this cover GST?

I went into the NZ customs fee calculator and on 507.49 it calculates...

Estimation Summary

Item Duty
Computers
Value: 507.00 NZD
Duty: 0.00 NZD
GST: 76.05 NZD
76.05 NZD
GST on freight 0.00 NZD
Total 76.05 NZD
Entry fees* 49.24 NZD
Amount due 125.29 NZD

NZ customs is $125.29 but amazon is only $111. Close but not the same so I am unsure.

Anyone know? I may need to call nz customs or amazon chat to find out.

tripp

3848 posts

Uber Geek

Trusted

Lifetime subscriber

#1525874 4-Apr-2016 16:54

Amazon will have a broker setup to do it which sometimes is cheaper.

If NZ customs do it then it does cost more.

antoniosk

2358 posts

Uber Geek

ID Verified

Trusted

Lifetime subscriber

#1525900 4-Apr-2016 17:16

15% of $507 is only $76

Confused.

________

Antoniosk

Jase2985

13459 posts

Uber Geek

ID Verified

Lifetime subscriber

#1525914 4-Apr-2016 17:30

antoniosk:

15% of $507 is only $76

Confused.

why?

you dont just pay the GST you also pay the entry fee, see below

"*Entry fees:
Once the threshold of $60 of duty and/or GST payable is reached, then a Customs import entry transaction fee (IETF) of NZ$29.26 (GST inclusive) is payable. Please note that the $60 threshold does not apply to tobacco and alcohol products. Entry fees are collected on these two regardless of the amount. A Ministry for Primary Industries biosecurity system entry levy (MPI Levy) of $19.98 (GST inclusive) is also collected by Customs. The total fees equal NZ$49.24 (GST inclusive)"

freitasm

BDFL - Memuneh
79259 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#1525925 4-Apr-2016 17:54

Amazon will do everything for you. If Customs doesn't ask for the payment then you are refunded.

surfisup1000

5288 posts

Uber Geek

#1525939 4-Apr-2016 18:26

Sweet, thanks guys.

It would be nice if amazon wrote that this covers GST :) I might have missed it though.

freitasm

BDFL - Memuneh
79259 posts

Uber Geek

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#1525943 4-Apr-2016 18:42

Also if by any chance the duty to pay is more than what they listed then they pay the difference. If it's less they refund you.

E3xtc

773 posts

Ultimate Geek

#1526675 6-Apr-2016 07:57

win win - yay for Amazon :D

Equinox IT

Cloud spending continues to surge globally, but most organisations haven’t made the changes necessary to maximise the value and cost-efficiency benefits of their cloud investments. Download the whitepaper From Overspend to Advantage now.

surfisup1000

5288 posts

Uber Geek

#1526678 6-Apr-2016 08:02

Funny enough, the thing I want to buy turns out to be cheaper at PB tech after all costs are accounted. And I get CGA protection.

The NZ exchange rate has stopped many of my amazon purchases but for some reason prices at many local IT retailers do not seem to have increased . I'm guessing importers either have hedging contracts or they are absorbing costs (or manufacturing costs are decreasing but doubt that).