YOU WILL LEARN:
- New GST Rules On Low Value Imported Goods
- Tips On Online Shopping for Christmas
Reporter: There is going to be a significant change for online shoppers in New Zealand, just in time for Christmas.
YOU WILL LEARN:
Reporter: There is going to be a significant change for online shoppers in New Zealand, just in time for Christmas.
New Zealand Customs Service has issued a reminder to NZ importers to ensure they correctly declare the origin of inbound goods on import entries — particularly from Western Sahara.
“In the case of imported goods originating from Western Sahara, the country code ‘EH’ should be input in the import entry’s origin field,” stated the agency.
You may have good insurance, pay the premiums on time but then have the insurance claim denied because your employees were not trained to meet the requirements.
Let’s discuss how your business needs to operate to ensure that you are covered when disaster strikes.
1-minute read (22-minute watch)
Access to a wide investor audience, so it’s a quick and efficient way for you to raise funds.
This week our guest speaker was Simeon Burnett is the CEO & Co-Founder – Snowball Effect. It is New Zealand’s leading online investment marketplace. They help NZ companies raise funds to increase the rate of your company’s growth.
13-minute read (27-minute watch)
If I had this info before I imported for the first time I’d saved lots of time & money
📚YOU WILL LEARN:
Last week’s Commentary column explored the supply chain friction that is occurring with container detention charges one of the central issues.
In recent times, where container depots around Auckland have been full, and the truckers working for importers and forwarders have been unable to de-hire empties, arguments have erupted when detention notices have been issued.
11-minute read (22-minute watch)
Import rules change on a regular basis. Find out what can cause extra delays or fees.
📚YOU WILL LEARN:
One of the biggest E-commerce firms Alibaba has announced plans to establish a local office.
Alibaba Group Australia and New Zealand regional general manager Maggie Zhou confirmed that the business expects to achieve a stronger local presence.
Around 90% of the dry goods 20-foot containers (TEU) imported into New Zealand come in full with imported product.
However, around 30% of 20-foot containers (TEU) leaving New Zealand do so empty.
The shipper or shipping line that works out to close the imbalance gap would not only be making a significant contribution toward the nation’s trade surplus but to the national supply chain. The 30% of empty boxes pose a growing issue.
Wednesday, 29 May 2019 at 1 pm (NZ Time)
This is a FREE educational business webinar to help NZ importers & exporters.
YOU WILL LEARN:
Freight importers & exporters should be worried about the cost of containers abandoned overseas for which they may be liable and how to implement safeguards to prevent this situation occurring.
11-minute read (20-minute watch)
As an NZ importer or exporter, you’re no doubt always on the lookout for ways to save money. But there’s one place you shouldn’t be skimping on, and that’s cargo insurance.
This is an educational business webinar to help NZ entrepreneurs understand how to get the best out of the cargo insurance and what to avoid.
13-minute read (19-minute watch)
How do you deal with competitors that copy you? Ways to stay relevant to the market.
This week our guest speaker was Shay Lawrence is the founder of CaliWoods, loves surfing and the ocean.
Passion lies in using business as a force for good, developing her own business in the Social Enterprise space and inspiring people to live more sustainable lifestyles.
1-minute read (27-minute watch)
Growing your business alone is challenging. If you apply the right system life will be easier.
This week our guest speaker was Graeme Hogan is a CEO with 20+ years of experience in both small & large companies, covering most aspects of the business – from sales, marketing, as well as business planning.
1-minute read (27-minute watch)
Steps to increase your sales by 3 times and grow your business.
This week our guest speaker was Logan Wedgwood is a sought-after management consultant specialising in business sales and marketing.
1-minute read (23-minute watch)
You can do these simple website changes and beat your competition. No huge budget required!
This week our guest speaker was Richard Conway is the CEO and founder of Pure SEO Ltd.
1-minute read (17-minute watch)
1) How to navigate the new taxes – check which apply to you. 2) Round-up of 2019 law changes.
This week our guest speaker was Kirk Hope is Chief Executive of BusinessNZ.
1-minute read (22-minute watch)
Do you want to stand out among your competitors? How to do it using just your smartphone?
This week our guest speaker was Jef Kay from Easy Social Media Ltd.
From 1 April 2019, Customs officers will issue Infringement Notices, with an instant fine of $400 for an individual or $800 for a business.
Infringement Notices enable Customs to manage minor offending involving travel, goods and craft (aircraft or ship) by issuing fines for 70 offences.
Ports of Auckland CEO, Tony Gibson has announced the company’s half-year results:
Our company is in the middle of a major investment programme which will increase capacity, efficiency and returns. This work will give us a solid foundation for a sustainable future, but while construction is underway there is a tangible effect on our business.
3-minute read (4-minute listen)
Newscaster: The car shipping line, Scandinavia’s Wallenius Wilhelmsen, is telling the government that the biosecurity rules that are meant to keep the marmorated stink bug pest out of New Zealand are ineffective and inconsistent.
Maersk and other carriers in the industry are working to improve safety and reliability in the Containerized Maritime Supply Chain, by verifying that cargo descriptions match actual contents of the container, and that the contents of the container are correctly stuffed, lashed and secured.
25-minute read (43-minute watch)
You Will Learn:
15-minute read (25-minute watch)
You Will Learn:
We looked at a document called “Brave new world? – Container transport in 2043” published by leading international freight transport insurer TT Club, in conjunction with global management consulting firm McKinsey.
Myanmar-based Master Zay Yar Un has won the inaugural International Maritime Organization (IMO) Day of the Seafarer Photo Competition with what has been described as a “bold geometric composition, focusing on the deck of a ship and the blue ocean beneath”.
The fragility of New Zealand’s supply chain has been exposed several times in recent years, for example through the Canterbury and Kaikoura earthquakes which hammered the ports of Lyttelton and CentrePort, and the 2012 Auckland industrial troubles which disrupted operations there and put huge pressure on the Port of Tauranga as a back up.
There is one thing that the freight industry needs to see come from the Upper North Island Supply Chain Strategy review which the Government is finally getting underway – a result.
By that, I mean clear recommendations that oblige the Government to take action, in order to give us a way forward for the manner in which the ports, rail and roads in the upper North Island will develop over the next 30 years.
Importers will have to do more to ensure vehicles and machinery from overseas are free of brown marmorated stink bug (BMSB), according to the Ministry of Primary Industries.
The new Import Health Standard for Vehicles, Machinery and equipment that came into force on September 1 have a focus on Japan given the issues last season with contaminated car carriers.
An eight-year-old black rhino is settling into a new home in the Serengeti thanks to a complex logistics project managed by Intradco Global and Qatar Airways Cargo.
After spending his entire life at the San Diego Zoo Safari Park, Eric was selected to move to Tanzania to play a starring role in a breeding programme designed to help save the critically endangered species from extinction.
National Road Carriers Association and the Ports of Auckland are combining forces to promote change in the supply chain to improve delivery times and prevent delays.
This initiative has come about because of supply chain capacity issues which were highlighted following an accident at Ports of Auckland in August. Imported freight has taken longer to deliver, and exporters have encountered delays getting their goods away, leading to frustration all around.
Peter McRae is calling on authorities to promptly address “regulation, categorisation and commercial concerns” regarding the importation of E-scooters.
In a publicly-released commentary, Mr McRae identified issues in three specific areas:
Advice to shippers, exporters and importers of new and used vehicles and machinery from China and Korea.
At this stage, New Zealand does not have specific Brown Marmorated Stink Bug (BMSB) measures in place for vehicles and machinery from China and Korea. However, MPI is currently monitoring vessels reporting detections of BMSB and other regulated pests that are carrying vehicles and machinery from China and Korea.
Importers of vehicles and machinery from Japan and “Schedule 3″ countries are being advised they will need to have acquired an approved Biosecurity Authority Clearance Certificate (BACC) at least 72 hours prior to vessel arrival in New Zealand.
The Customs Brokers and Freight Forwarders Federation (‘CBAFF’) told Shipping Gazette™ it is actively working towards resolution of issues with MPI clearance delays.
Chris Edwards, vice president of CBAFF, said the Trade Single Window (TSW) issues are top of mind for the industry and no solution is yet in sight.
From 12 November 2018 hemp (cannabis sativa) seed food products will be able to be imported into (and exported from) New Zealand. What are the rules?
Importers and exporters should note products must NOT contain whole hemp seeds. Whole hemp seeds remain Class C drugs under the Misuse of Drugs Act 1975 and cannot be imported into New Zealand without a licence issued by the Ministry of Health.
The government is cutting import taxes on low-value goods to soften the impact for New Zealand consumers who start paying GST on all overseas purchases next year.
Following consultation earlier in 2018, details were released on 18 October 2018 on the proposed GST regime for non-residents supplying “low-value goods” to NZ buyers.
Departure cards have been discontinued this month, and the information used to account for all travellers departing New Zealand will now be collected electronically.
You still have to meet some requirements to avoid problems.
Let’s discuss the volume of alcohol being illegally imported into the country and imported without compliant labelling. What are the telltale signs of illegitimate product?
Citing examples of imported shipping containers being declared as beer when they were predominantly filled with spirits. That kind of smuggling is denying the country of about $40 million in excise duty annually.
NZ Customs and Spirits NZ are working on ways to stop it. How will you be affected?
6-minute read (10-minute watch)
Administrative penalties apply to exporters, importers, licensees and agents who make an error or omission on their entry and do not voluntarily disclose it to Customs.
From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission Control Areas), the new global sulphur cap will be 0.5%.
Progress is being made on the massive automation project being undertaken at the Ports of Auckland, as the port readies itself to become the first in New Zealand to use automated straddle carriers to load and unload trucks and to operate the container yard.
Recent Shipping Gazette™ news articles and the Commentary column focusing on emergency bunker surcharges being applied to shippers (June 9) have prompted interest from readers who have asked the basic question – how are BAF (bunker adjustment factors) calculated?
4-minute read (7-minute watch)
5-minute read (9-minute watch)
5-minute read (9-minute watch)
Which freight incoterms to choose and why
All fees included in the NZ port fees
Extra fees that you should account for
The Commentary on how “General Average” works prompted by Maersk’s declaration of it following the fire on board the Honam. It has caused some interesting feedback relating to the value of having marine cargo insurance.
In particular, the issue that has been drawn into sharp focus is the risk borne by all New Zealand exporters and importers, who proceed to ship goods without marine insurance.
17-minute read (11-minute watch)
27-minute read (46-minute watch)
20-minute read (42-minute watch)
Max: If you want to learn more different business tactics, tools and how to import or export goods to New Zealand then start now by subscribing to our YouTube channel.
Alex: You want to bring a 20-foot container from any country to New Zealand, where do you start?
7-minute read (19-minute watch)
Max: All these five mistakes apply whether you import a full container, air freight, or even 100 kilos by sea freight, and it’s very important to make sure that you prepare all these things before you arrive in New Zealand.
Make sure you do not arrive before your shipment arrives in New Zealand.
8-minute read (18-minute watch)
Max: We wanted to sit together and talk to you about a very sensitive subject for many. Alex and I are both co-founders and directors of the beautiful company called Easy Freight. And we’ve been in business for a long seven years!
11-minute read (28-minute watch)
Max: Were talking about importing goods to New Zealand, and four ways the supplier will cost you extra money that you didn’t budget for.
The first way that you can lose money is, surprisingly, some New Zealand importers can receive half-full containers.
11-minute read (23-minute watch)
Max: If you think about it, when you import two pallets or even a full container, you’re going to pay at least anywhere between NZD 1,000 to 5,000 of freight to ship the goods say from China to New Zealand.
Alex: So why we think that it’s so important not just to choose right freight forwarder but also to choose the right customs broker?
12-minute read (26-minute watch)
Max: We’re going to talk about mainly importing containers with used household goods to New Zealand.
And it’s going to be a very topical question, how to save money when you migrate and bring your stuff to New Zealand. What’s the first step when you prepare to bring your goods to New Zealand?
7-minute read (14-minute watch)
Today we’re going to talk about the price breakdown if you want to import one cubic metre standard pallet of goods from China to New Zealand.
This is the most commonly asked question, so I’m delighted to finally break it down for you.
8-minute read (16-minute watch)
Max: Today we’re talking about “Three things I know about my business partner, but his wife doesn’t.” And I think I should clarify some very important things straightaway. I’m not married. Alex is not married either. So we don’t live double lives. Do you Alex?
3-minute read (3-minute listen)
Newscaster: Well, self-driving cars, and driverless trucks, also airliners that fly on autopilot. They’ll soon be commonplace. What about crewless container ships though? Well, they’re just over the horizon, as it were. Eric Frykberg plots their course.
Eric Frykberg: Coming soon to a port near you, the crewless ship with a skipperless bridge nosing itself towards a wharf to unload its cargo. One or two people might be needed to keep an eye on the computers, but they won’t necessarily be on the vessel.
6-minute read (8-minute listen)
Mark: Greg Harford is from Retail New Zealand. He joins us now. Hey, are you all doomed to put up the shutters and close up?
Greg Harford: Well, we represent the retail sector including some online retailers.
So I think the outlook for retail itself is positive, but it’s certainly, increasingly, customers are looking to transact online because it’s easy. It’s convenient. And in many cases, it’s cheaper for them to do so.
3-minute read (4-minute listen)
Brian Gaynor Radio NZ host: New Zealand retailers say they will challenge the new government to pick up a plan the previous one left dangling, to collect GST on lower value imported goods.
Retail New Zealand says the government is doing itself out of an estimated $235 million a year in GST revenue when there’s a simple solution. Here’s Tracy Neal.
1-minute read (20-minute watch)
1-minute read (31-minute watch)
TNX is a ‘Uber for trucking’ using freight matching technology.
6-minute read (9-minute listen)
The boom in global trade was caused by a simple steel box. Shipping goods around the world was – for many centuries – expensive, risky and time-consuming. But, as Tim Harford explains, 60 years ago the trucking entrepreneur Malcolm McLean changed all that by selling the idea of container shipping to the US military.
3-minute read (6-minute listen)
Guyon Espiner: New Zealand First is suggesting to move the Ports of Auckland to Northland. This has been met with some scepticism, particularly from the National Party. We had Simon Bridges on the program a little earlier.
1. Can you deliver?
Part of securing export orders is making sure you can deliver. Many Kiwi exporters have underestimated the volume opportunity they encounter overseas. Similar issues arise for NZ importers.
Trading rules and regulations vary from country to country and import legislation can be both complicated and confusing.
MINIMISING THE FINANCIAL RISK
Finance is obviously fundamental when exporting & importing: you want to be paid quickly and without complications. Here are some factors to cover.
(This is the interview with Richie Norton by Pat Flynn from Smart Passive Income).
This month, I’m learning everything I can about the world of physical products: how to create my own, how to validate them, how to find the perfect manufacturer, and how to get them in the hands of my customers.
Reporter: Lisa Wilson is on the line with me now. Good day, Lisa.
Lisa Wilson: How are you doing?
Reporter: The new Customs and Excise Bill means Customs will no longer be able to demand that people entering the country hand over the passwords to their devices without reasonable cause. Although, is that a change?
GST on physical ‘low value’ goods
This is likely to have the most impact on New Zealand exporters. The new GST tax applies to ‘low value imported goods’ – this means physical goods. Physical goods under AU$1,000 are currently subject to GST.
For some time we have been looking to identify the potential long-term impact of 3D printing on the movement of goods in the supply chain but now manufacturers and transport providers are being warned of how the criminal fraternity are using the technology to help steal goods from containers.
An online shipper/truck operator matching service recently launched by New Zealand startup, TNX, is reportedly delivering 10% cost savings to the former while also reducing the 40% under-utilisation of vehicles said to currently be commonplace for the latter.
The circumstances were that in mid- July a freight forwarder filed a pre-receival advice to DP World Australia at West Swanson Dock in Melbourne, and while doing so made a typo error with the VGM, missing out a “zero” numeral.
A number of CBAFF members have raised concerns recently about delays with New Zealand Customs releasing shipments.
Global Shippers’ Forum (GSF) secretary general Chris Welsh has announced his organisation aims to stamp out shipping surcharges within five years.
What is this about?
To import food into New Zealand (NZ) you need to apply and get clearance from both NZ Customs and the MPI (Ministry for Primary Industries).
What is this about?
To import food into New Zealand (NZ) for sale individuals need to understand and comply with requirements under the Food Act 2014. This guidance will help you with this.
The container shipping industry had one of its worst years in 2016. In his Editor’s Insight, Nevil Gibson says a recovery is underway and that’s good news for importers and exporters. Nevil Gibson joins me now. How bad was 2016 for container shippers?
A counterfeit containers warning issued to the Customs Brokers’ and Forwarders’ Council of Australia (CBFCA) by Australia’s Department of Immigration and Border Protection (DIBP), could serve as a timely portent for New Zealand shippers.
Mainfreight says KiwiRail needs to find an alternative way to get urgent freight from Auckland to Christchurch as fast as it can. Earthquake damage has left CentrePort in Wellington unable to load and unload container ships and has damaged the rail link to Christchurch, forcing trucks to take up the slack.
Importers and exporters are piling work onto other New Zealand ports as they scramble to keep cargo moving after last month’s earthquake blocked most of the trade out of Wellington.
You might soon have to pay GST on all the goods you buy online, not just purchases of digital goods including music, software and films and TV shows.
Hanjin’s receivership represents the greed of the container shipping market, and despite continuing concerns of weak trade growth and fleet oversupply, a gradual market recovery is now expected, according to the latest annual Container Forecaster and Review 2016/17 report published by global shipping consultancy Drewry.
The online shopper is questioning what happens to the GST and customs duty, charged on purchases from overseas when goods are returned.
When I looked in March at the work that had been released by the Port Future Study’s Consensus Working Group (CWG), identifying a long list of areas being considered as options to meet Auckland’s future demand for a port, I had major reservations about some of the options being considered – particularly Muriwai, the Kaipara Harbour, Mahurangi (south east of Walkworth), and Whakatane.
In a week when one of the world’s top ten container lines went bankrupt, the business performance of shipping and ports has come firmly under the spotlight, not just globally but in NZ too.
Reports are emerging of some carriers and other supply chain service providers imposing “exorbitant and unjustified charges” in particularly Asia and Africa following the July 1 enactment of the new verified gross mass (VGM) regulations for packed containers.
New Zealand exporters seeking financial protection against the non-payment by a customer could find themselves eligible for trade insurance from the New Zealand Export Credit Office (NZECO).
As advised earlier and as constantly reported in industry press the new Mandatory Cargo Weighing Laws become effective around the globe on 1st July this year.
The freight forwarding charges debate here in New Zealand, as discussed in the past, has probably come to a head with the statement by the Commerce Commission that “it is not the commission’s role to enforce “Incoterms” in contracts between forwarders and importers.”
Importers were warned this week by the Ministry of Primary Industries to a situation that has arisen for one of the importers, the outcome of which may need to be considered by others.
The reference 75 concession allows entry of presents or gifts except tobacco products sent from abroad to a resident in New Zealand:
(i) Not exceeding $110 in total value – Free
(ii) Exceeding $110 in total value, on the excess over $110 – The rates of duty applicable to the goods as set out in Part I of the Tariff. (see examples below)
The researchers’ investigations found 20% of the containers sampled had gas concentrations above safe levels. In the worst case, methyl bromide was found in one container at a level of 50,000 parts per billion — 100 times more than the safe level.
In the past, the major consideration for exporters has been the legislative requirements surrounding the disposal of packaging waste. Driven by the European Union (EU), member countries have developed stringent legislation governing the disposal of packaging waste.
False import charges have become an endemic issue in the local freight forwarding industry with only a limited number of operators excluded from the practice, according to a stakeholder who approached the Shipping Gazette™ following last week’s article on the issue.
Did you know that the IMO (International Maritime Organization) passed an amendment to SOLAS (Safety of Life at Sea) requiring verification of container weights?
The message is loud and clear from the buyer (importer) to request all applicable destination charges from the China supplier upfront.
A trans-Tasman customs mutual recognition agreement (MRA.) due to come into force by June next year will lessen border checks and speed the movement of export products to market for members of the two countries supply chain security programmes.
The Ministry for Primary Industries (MPI) has advised us of seasonally high volumes in bio-security applications.
A recent recruit to our Detector Dogs team, Kane, a black Labrador, has been proving his worth at the border.
Fake goods are easily accessible everywhere these days – international travel and online shopping make it easy for people to buy counterfeits and import them. You can be almost certain that Prada in a plastic bag at a night market is unlikely to be the real thing.
If you import goods into New Zealand you must declare the Customs value of the goods on the import entry or clearance document, but questions are always asked – how is the value determined, and what is the process for appeal?
Most businesses that make or import hazardous substances have to give some basic contact information to Environmental Protection Authority (EPA). This information helps the EPA effectively manage New Zealand’s hazardous substances and enables us to communicate with manufacturers and importers and keep them up to date and informed.
Global Shippers’ Forum (GSF) Secretary-General Chris Welsh was in New Zealand recently, attending the NZ Shippers’ Council annual meeting and also for comprehensive meetings with Government officials.
New Zealand’s coastal shipping sector needs to be acknowledged as a valuable transport asset that figures prominently in future transport planning, according to both the New Zealand Shipping Federation and Customs Brokers’ and Freight Forwarders’ Federation (CBAFF).
A new FernMark, embedded with augmented reality and including a global trademark monitoring programme, is now available to help exporters market their products internationally.
2-minute read (3-minute watch)
One of the globe’s great trade fairs will commence in Guangzhou province, in southern China, and according to the representative of the China Foreign Trade Centre it will be one of the biggest yet.
Many importers and exporters question why does it take so long to go through the New Zealand border? Easy Freight has received the following update from MPI (Ministry for Primary Industries). Unfortunately, it happens several times a year and it is not an isolated case. Therefore, we recommend that you send documents to your Customs broker at least 2-3 weeks before it arrives in New Zealand.
Negotiations for the Trans Pacific Partnership (TPP) Agreement have been successfully concluded. It involves 12 Asia-Pacific countries, which together account for 36 percent of the world’s economy.
This agreement will deliver significant benefits to New Zealand – it will support more jobs, higher incomes, and provide a better standard of living for New Zealanders.
Recent complaints made by importers against several freight forwarder charges are disturbing. It shows that there is a structural problem in the way importers are doing business, and a lack of clarity as to what ‘rules’ apply.
Is it time to radically change our thinking in terms of rail? Should we stop expecting a financial profit from the rail, and start to recognise its more strategic importance in our national transport infrastructure?
The Government is considering its options over applying GST to goods and services that are bought online or from overseas.
Our job is to cut costs and save time for importers and exporters. We would like to share some of the insider secrets with you.
“It is highly recommended that all companies do their due diligence before committing to the overseas market”. This was the main message from Mr Paul Smith, NZ Customs Counsellor.
Interview with Aaron Muir from Argus Tracking. Aaron Muir is a director of Auckland-based firm Argus Tracking, which has had its asset management hardware manufactured in multiple countries.
The New Zealand Flower Growers Association (NZFGA) wants imported flowers to be labelled as imports so consumers can make an informed choice about whether to buy them.
New Zealand has quite an old vehicle fleet compared to many other countries. The average age of a car is about 13 years.
POLITICS involves a heap of posturing. The tendency is to seize on populist themes and fashion statements that meet with approval in over the dinner table, in smoko rooms and in the pub.
Most residential building materials can now be imported into New Zealand duty-free as a result of a new tariff concession scheme recently announced by the Government.
Parallel imported goods are genuine branded products that are imported into New Zealand (or other countries) and sold within that market without the brand’s owner consent.
How do the goods of the world travel from one place to another? Despite technological advancements and the propagation of a globalized economy, a surprising 90% of everything still comes and goes on a ship by sea.
Finding the right supplier for your product idea may prove challenging. If possible, you should find one that you like working with, and they should also provide you with a quality product at a fair price.
Here are the steps involved in finding a supplier, and some of the many considerations you will have to navigate along the way.
The IMF (International Monetary Fund) data indicate a continued rise in the proportion of the global GDP accounted for by Asia. The Asian region almost doubles in importance in the 40-year period to 2020, rising from 18.3 percent of the global economy in 1980 to 30.8 percent in 2020.
Are you looking to import goods or commodities into New Zealand?
Will you be using them for business or commercial use?
There are some harsh lessons sometimes handed out in business. A good case was reported in the Shipping Gazette™ of a cargo owner with a shipment on board the ill-fated cargo vessel Rena.
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?
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.
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.
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?
2-minute read (4-minute watch)
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:
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.