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Customs and Excise Act 2018

Entry and exit of goods, persons, and craft - Assessment, payment, and recovery of duty - Refunds, remissions, and drawbacks of duty

143: Refunds of duty related to provisional Customs value

You could also call this:

"Getting a refund if you overpaid duty on imported goods"

Illustration for Customs and Excise Act 2018

If you import goods and include a provisional Customs value in your entry under section 102(1), and you pay duty on the goods based on this value, you might get a refund. You pay duty on the provisional value, then later you amend the assessment to include the final Customs value under section 112, and the final value means you should have paid less duty. If the final Customs value means you paid too much duty, the chief executive must give you a refund for the difference. The chief executive still has their usual powers under section 117 when it comes to the final Customs value.

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Topics:
Money and consumer rights > TaxesBusiness > Industry rules
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142: Chief executive may refund duty paid in error, or

"Getting a refund if you paid duty by mistake"

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144: Refunds of duty on goods under Part 2 of Tariff, or

"Getting back duty you overpaid on imported goods"

Part 3Entry and exit of goods, persons, and craft
Assessment, payment, and recovery of duty: Refunds, remissions, and drawbacks of duty

143Refunds of duty related to provisional Customs value

  1. This section applies if—

  2. an importer includes a provisional Customs value in an entry for imported goods under section 102(1); and
    1. the importer pays duty on the goods based on the provisional Customs value; and
      1. the importer subsequently amends the assessment for the goods to include the final Customs value under section 112; and
        1. the final Customs value results in a lower amount of duty being payable than the importer has already paid.

          1. The chief executive must refund the difference between the duty payable on the final Customs value and the duty paid.

          2. This section does not affect the chief executive’s powers under section 117 in relation to the final Customs value.