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Customs and Excise Act 2018

Entry and exit of goods, persons, and craft - Assessment, payment, and recovery of duty - Assessment of duty by importer or licensee or owner

112: Importer to amend assessment that includes provisional Customs value

You could also call this:

"Fix the import papers with the final price when you first guessed the cost of goods coming into New Zealand"

Illustration for Customs and Excise Act 2018

If you are an importer and you include a provisional Customs value in an entry for imported goods under section 102(1), this section applies to you. You must amend the assessment for the goods to include the final Customs value. You have to do this within the prescribed time and in the way prescribed by the chief executive's rules.

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Topics:
Money and consumer rights > Importing and exportingBusiness > Industry rulesBusiness > Import and export regulations
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111: Entry is assessment of duty by importer or licensee or owner, or

"Telling customs how much duty you think you owe for your goods"

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Part 3Entry and exit of goods, persons, and craft
Assessment, payment, and recovery of duty: Assessment of duty by importer or licensee or owner

112Importer to amend assessment that includes provisional Customs value

  1. This section applies if an importer includes a provisional Customs value in an entry for imported goods under section 102(1).

  2. The importer must amend the assessment for the goods to include the final Customs value—

  3. within the prescribed time; and
    1. in the way prescribed by the chief executive’s rules.