Thinking about importing goods into NZ? Perhaps you can access better prices or superior quality overseas? Or maybe you’ve identified a market for goods that just can’t be sourced locally?
But importing into NZ is more complicated than it may seem at first. The risks are significant if you don’t know what you’re doing. To give your venture the best chance of success, it’s best to learn the risks before you start such business.
A dangerous and highly effective new online scam is affecting New Zealand importers. The scam has already left several Kiwi businesses severely out of pocket, with some businesses losing deposits of over USD 250,000 to scammers.
As an importer or exporter, you’re no doubt always on the lookout for ways to save your money. But there’s one place you shouldn’t be skimping on, and that’s cargo insurance.
Our clients often ask us about the goods that are restricted for importing to New Zealand. Can one bring necessary medicine, favourite DVD collection or some rare artwork as an unaccompanied baggage?
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International Postal Regulations require that every item passing an international border is subject to Customs inspection in the destination country.
Importers to New Zealand need to beware of a legal ‘loophole’ that leaves you exposed to unexpected and unwarranted charges on your imported goods.
When you buy goods overseas under cost and freight rate (CFR) terms (see our Incoterms page for more about this), this should mean the seller covers the costs of freight to you in New Zealand.
But in some recent cases, importers have been hit with extra charges when their goods arrive, leaving them out of pocket.
With the rise of internet shopping more and more New Zealanders are importing goods from overseas using postal and international courier services.
This information is to help people understand the collection of Customs tariff duties, plus goods and services tax (GST), on articles imported into New Zealand.
It explains how Customs tariff duty is charged on goods imported into New Zealand, lists a number of concessions, and describes which goods are subject to strict import control, or are absolutely prohibited.
People often get confused by these two words Demurrage and Detention. Well then, what is the difference? When dealt with in the context of containerised cargo, simply put,
THE MAIN ADVANTAGES TO IMPORTERS ARE: