rugrat: A lot of parcels I receive have a lot less written on them, then what I paid for value written on outside. Guessing it’s what the company would want in insurance if parcel lost.
I hope you are aware of the risks of this if it's a regular thing. Many people globally will try and convince sellers to falsify the customs declaration to avoid paying local duties, and many things ex China will be like this without even asking. The problem is if Customs decide to inspect the package and decide on their own value, it's you as the buyer who will be liable for the falsification, not the seller. You will need to pay GST and/or duty on what they deem the value to be.
Without saying too much slip it's safe to say a lot of people have no idea at all what goes of in regards to package processing, inspection and monitoring of good and addresses that goes on. It's probably why so many people get busted importing restricted drugs from overseas - they think the postal process is as close to anonymous as you can get, but the reality is that it's far from it.
Didnt work out well for this lot - https://www.stuff.co.nz/business/industries/80159834/Fashion-label-Federations-resurrection-a-cautionary-tale-for-importers