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don.irvine
Just Riding By
New Zealand
8 Posts |
 Posted - 31 Aug 2009 : 18:36:37
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Hi, Guys,
I am returning to NZ later this year and will be bringing my Supertwin Top Gas Bike back with me.
I am trying to find out just how Customs will "value" the bike for duty etc.
Any help / info would be appreciated.
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Richard
Racing
New Zealand
203 Posts |
Posted - 01 Sep 2009 : 12:13:02
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Hi
Welcome to our little place. I hope that maybe Ian W might be able to ask his contacts in shipping and find
the info for you.
We need more new bikes joining us.
Richard
"THE AREA STEWARD'S DECISION IS FINAL IN ALL CASES" |
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ian_and_tony
Forum Admin
New Zealand
84 Posts |
Posted - 02 Sep 2009 : 07:57:02
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Hi don.irvine I just had a call from Athol Williams and he says that you will only be charged the GST (which is 12,5% here) on the declaired value of your race bike. Hope this helps.
Tony A.
**** You miss 100 percent of the shots you never take. **** |
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don.irvine
Just Riding By
New Zealand
8 Posts |
Posted - 03 Sep 2009 : 07:23:02
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Hi, Ian and Tony,
Thanks for that - but the question really is - how is the "declared value" established?
If I state a "price paid" 5 or 6 years ago, is there any depreciation allowed? or do I have to put a "price" value on it now? or is it what some one else thinks it is worth (or "valued") at? |
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Dean V
Staged
New Zealand
116 Posts |
Posted - 06 Sep 2009 : 09:25:47
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| Speak to whoever is shipping the bike for you, or call NZ Customs directly. I would expect they will want to see some kind of invoice. As has been said there is no duty, just GST. |
Edited by - Dean V on 06 Sep 2009 09:27:30 |
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seymore skidmarks
Staged
New Zealand
99 Posts |
Posted - 07 Sep 2009 : 09:18:40
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With a bike like that the NZ customs will not have any way to figure it's value as it is custom built.Simply put it down as a homebuilt custom bike and declare the value as minimal as you think you can get away with. Valuation verification in NZ is easily arranged with any number of our trade contacts here at a figure you come up with so don't be too concerned.Who are you shipping it with? Several of us here have shipping contacts which may be of some use to you.
Regards, Ian |
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QIK GS
Moderator
Australia
62 Posts |
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don.irvine
Just Riding By
New Zealand
8 Posts |
Posted - 08 Sep 2009 : 07:18:55
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Hi, again, guys,
Thanks for all the info - it would appear that I should get away with it - I have owned / built the bike for more than 21 months, I've put an insurance value of £3000 on it for shipping - but I am a NZ citizen, and it will be for personal use, I am using Pickfords for shipping, direct to Hamilton, should be arriving mid-late January 2010.
I'll have two other bikes in the container as well - a 1993 Moto Guzzi California and a 1978 Yamaha XS750 - so they will all be checked out together. |
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seymore skidmarks
Staged
New Zealand
99 Posts |
Posted - 08 Sep 2009 : 08:49:51
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Just make sure you water blast the hell out of them and get every spec of dirt from under gaurds etc. Tires need to be spotless clean as well. You will have more trouble with M.A.F than you will with customs. They may frown upon another moto guzzi coming into the country though
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don.irvine
Just Riding By
New Zealand
8 Posts |
Posted - 09 Sep 2010 : 07:53:22
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Just noticed that it's a year since my first post - well, I'm here now, the bike has been tech'ed, I now have a Kiwi Competition licence - bring on the season !!!
On a more serious note, just exactly what procedure do I have to follow to enter myself and bike at a meeting?
P.S. the Guzzi is here and fully street legal! |
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Richard
Racing
New Zealand
203 Posts |
Posted - 09 Sep 2010 : 10:15:50
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Hi
Depends on which meeting you are thinking off going to.
Have a look at the NZDRA calendar and let me know which meeting you are going to attend and I will run you through what to do.
Mind you this season might be a bit of a disorganized affair...there are difficult times ahead for Drag racing in NZ I think.
Richard
"THE AREA STEWARD'S DECISION IS FINAL IN ALL CASES" |
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Topic |
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Customs Duty
