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:
Easy Freight has responsibility in making sure your orders not only head to the destination in good condition but actually go through customs border without delay.
Both buyers and sellers need to determine the risk to their own business, the amount they are willing to pay to mitigate that risk. There are four commonly used payment methods for reducing these risks.