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Customs and Excise Act 2018

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

103: Chief executive may revise Customs value

You could also call this:

"The boss of Customs can change the price of imported goods if they think it's wrong."

Illustration for Customs and Excise Act 2018

If you import goods and the chief executive thinks the Customs value is incorrect, they can change it. The new value is then used for the purposes of the Customs and Excise Act. You will be told about the new value and how it was calculated, which may include information from Schedule 4.

This can happen even if the goods are still being held by Customs or if you have already paid duty. If you do not agree with the chief executive's decision, you can appeal to a Customs Appeal Authority within 20 working days of being told about the change.

The chief executive can make changes to a provisional Customs value if it does not meet the requirements of section 102(2), as stated in section 102(3).

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7039344.

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

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

103Chief executive may revise Customs value

  1. If the chief executive is satisfied that the Customs value of imported goods in an entry is incorrect,—

  2. the chief executive may revise the Customs value; and
    1. the revised value must be treated as the Customs value for the purposes of this Act; and
      1. Customs must notify the importer of the revised value and the basis for the calculation (including, if applicable, the relevant provisions of Schedule 4).

        1. Subsection (1) applies regardless of whether—

        2. goods are still subject to the control of Customs; and
          1. any duty has been paid.

            1. An importer who is dissatisfied with a decision of the chief executive under subsection (1)(a) may, within 20 working days after the date on which notice is given under subsection (1)(c), appeal to a Customs Appeal Authority against that decision.

            2. Without limiting section 102(3), the chief executive’s power under subsection (1) may be exercised in relation to a provisional Customs value if the chief executive is satisfied that the provisional Customs value does not comply with section 102(2).

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