I'm looking into costs of shipping my bike over to NZ and am happy to pay the £300 for air freight from Heathrow to Christchurch but the customs charges over there are virtually incomprehensible. I've checked the government customs site and it appears that:
I need to pay a 48 NZD handling charge (fine)
I wont need to pay any duty as it's a 0% item (fine)
I might be liable to pay a 15% GST on the value o the bike (minus 33% in devaluation)
which is not fine!
on closer inspection it seems, as long as I'm returning the bike to the UK within 12 months (I am) then I can be excused from paying GST by getting a 'carnet' which is basically a guarantee for the government which I'm liable for. However it appears that the cost of a carnet is like twice the cost of the bloody GST.
can anyone help me with this?
I'm looking into costs of shipping my bike over to NZ and am happy to pay the £300 for air freight from Heathrow to Christchurch but the customs charges over there are virtually incomprehensible. I've checked the government customs site and it appears that:
which is not fine!
on closer inspection it seems, as long as I'm returning the bike to the UK within 12 months (I am) then I can be excused from paying GST by getting a 'carnet' which is basically a guarantee for the government which I'm liable for. However it appears that the cost of a carnet is like twice the cost of the bloody GST.
Even more not okay!
References:
http://www.customs.govt.nz/features/charges/Pages/default.aspx
http://www.customs.govt.nz/inprivate/sendingitemstonz/temporaryimports/Pages/default.aspx
http://www.wecc.org.nz/services-and-resources/international-support/ata-carnets/fees,-penalties-and-claims