New to importing - Are there any extra costs?

Full Member
jace
Posts: 8
Joined: 02 Jun 06
Karma: 
2 Jun 06 06:19:41 am
hi im new to this import business, and id id like to know if i get bulk shipment from another country if customs will confiscate it or if there are extra costs? like if i import 6 ipods for example. and should i use fedex or dhl or whatnot?

and any tips about importing would be great!

thanks! :D

Full Member
0tnic
Posts: 102
Joined: 16 Jan 06
Karma: 
2 Jun 06 07:56:49 am
Hi Jace i see you are from NZ aswell

Yes you have to pay import duty on the product. its normally 12.5% of the total cost.

hope that helps

Nic

Full Member
simon
Posts: 29
Joined: 05 Jun 06
Karma: 
6 Jun 06 03:57:02 am
yes, it could go up to 20% tho.

Full Member
simon
Posts: 29
Joined: 05 Jun 06
Karma: 
6 Jun 06 03:58:13 am
never report the real price your purchase will save you tons of money.

say you spend 1000 but you only report 200...

Full Member
tomaingeroy
Posts: 71
Joined: 11 Jul 06
Karma: 
11 Jul 06 12:17:32 pm
Just in case you didn't get my reply on your other post, this is more specific.

I found this page pretty useful: Link hidden: Login to view
It has all the information you need to know about importing into New Zealand.

New Zealand has a Import Entry Transaction fee of NZD $22.00 (GST inclusive). This I believe is the fee you pay just to import commercially.

An Import fee may also charged. In order to determine whether import duty is applicable to imported goods, Customs considers the following:

* Tariff classification

Full Member
tomaingeroy
Posts: 71
Joined: 11 Jul 06
Karma: 
13 Jul 06 01:50:08 pm
Just another note. If you import less than NZD $1000, you only have to pay GST (12.5%). You can even get some items in without paying any duties, alot depends on what the custom officials deem as importing to sell, or importing to use.
Cheers,
Tom

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