5-minute read
When goods are transported across international borders, a tariff duty can be levied on imported goods either as a percentage of the monetary value of the goods (ad valorem), a specific rate of duty (e.g. $1 per litre of alcohol), or a combination of ad valorem plus a specific rate of duty.
Most countries calculate tariff duty on an ad valorem basis (a percentage of the value) as it is more equitable, transparent and easier to estimate.
However, the amount of duty payable depends on the value of the imported goods.
6-minute read
Today, lithium-ion (or “Li-ion”) batteries are an essential everyday item found throughout the world and in almost every household or workplace in one form or another.
They are found in portable devices such as mobile phones, mobility devices, recreation, manufacturing and power storage, through to larger products, such as electric vehicles (scooters, bicycles, cars, buses and trucks) and even superyachts and ships.
3-minute read
The International Air Transport Association (IATA) released data for September 2022 global air cargo markets showing that air cargo demand softened.
3-minute read
Importers, exporters and their agents are reminded that a wide range of goods of any origin are prohibited from export to the Russian Federation or from import to New Zealand if their country of origin was the Russian Federation from 4 November 2022.
5-minute read
The Clean Car Standard (CCS) and the Clean Car Discount (CCD) form the central pillars of a range of government initiatives to tackle transport sector CO2 emission levels and help address climate change.
The Climate Change Response (Zero Carbon) Amendment Act 2019 requires CO2 emissions to be reduced to net zero by 2050. As transport is responsible for 47 percent of the domestic CO2 in New Zealand, this target cannot be achieved without decarbonising transport.
7-minute read
The inability of the New Zealand ports sector to efficiently handle container throughput since the onset of the pandemic and carriers pressuring leanest rates from depots have contributed to serious congestion and capacity issues within the industry.
5-minute read
Before shopping online, be sure you think it through carefully and that you know all the possible pitfalls.
If you buy items from overseas that cost NZ$1000 or less, you don’t have to pay anything to NZ Customs, as GST is collected when you purchase your items.
5-minute read
The two years of the COVID -19 pandemic have created a ‘pressure cooker’ of unpredicted issues for ports, and this year’s annual conference of the Customs Brokers and Freight Forwarders organisation provided a sounding board.
Different in size and business profile, the country’s ports are all in the same frustrating pickle when it comes to the complexity of shifting cargo at the border.
4-minute read
The Secure Exports Scheme (SES) is designed to make exporting easier by helping NZ exporters clear Customs here and overseas. Exporters will need to ensure their goods are packed, stored and transported in a way that meets global customs standards.
For NZ Customs, the Secure Exports Scheme means they have confidence in the exporter’s supply chain security. For exporters, this means less chance of border delays and greater certainty at international borders.
1-minute read
Scammers have twice duplicated the website content of the self-storage and container sales company Constore.
The Auckland-based company became aware of these scam sites when potential buyers questioned why their content and photos appeared on other websites.