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Customs and Excise Act 2018

Entry and exit of goods, persons, and craft - Import duties - Valuation of goods

101: Importer must specify Customs value on entry

You could also call this:

"Tell the government the value of goods you bring into New Zealand"

Illustration for Customs and Excise Act 2018

When you bring goods into New Zealand, you must say what they are worth. You work out the worth, called the Customs value, using the rules in Schedule 4. This helps the government understand the value of the goods you are importing.

There is an exception to this rule, which is explained in section 102. This means that sometimes you might not have to follow the usual rule about saying what your goods are worth. You should check section 102 to see if it applies to you.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7039338.

Topics:
Money and consumer rights > TaxesBusiness > Industry rules
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100: Duty on imported goods is debt owed to the Crown, or

"Importing goods into New Zealand means you owe the government money, called duty, that must be paid."

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102: Provisional Customs value, or

"Guessing the value of goods when you don't know the final price yet"

Part 3Entry and exit of goods, persons, and craft
Import duties: Valuation of goods

101Importer must specify Customs value on entry

  1. Every entry for imported goods must include the Customs value of the goods determined in accordance with Schedule 4.

  2. Subsection (1) is subject to section 102.

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