Goods Value Declaration and Associated GST/Customs Fee

givemethebestdeals on 17/08/2021 - 11:41
Last edited 17/08/2021 - 11:41

Hi OzB,

I'm purchasing some electronic accessories from the United States and going through a freight forwarding service to get it into AU.

Just had a query regarding the goods value declaration with the form. The item has a RRP of approx. $600AUD but due to limited COVID19 and limited stock, i ended up paying approx. $1050AUD.

Now according to the abf website (https://www.abf.gov.au/buying-online/buying-online), i may need to pay taxes for goods valued at over $1000AUD.

Would i need to declare a value of $1050 (what i paid) or what the RRP of the product is? ($600).

I've called the ABF to try and get clarification there but the operator that i spoke to has just said that isn't something they can advise me on…

Financial

Comments

  • MrHyde on 17/08/2021 - 11:42
    +4

    You need to declare the price you paid inclusive of shipping costs.

    • apsilon on 17/08/2021 - 11:46

      Correct plus in addition there's likely a 5% import duty (only on the goods, not the shipping component) in addition to GST. How you sending it? Post or courier?

    • bobbified on 17/08/2021 - 12:23

      You need to declare…

      I believe it's the seller that has to declare it on the shipping form. If they happen to declare it as a "gift" or a much smaller value and it gets through to you without any issues, that'll be the end of it 😁. (Yes, there may be insurance implications if things get lost in the post, but it's really what the seller/you are comfortable with).

    • ESEMCE on 17/08/2021 - 12:30

      And the cost of any Insurance.

  • popsiee on 17/08/2021 - 11:51
    +2

    Get away from the auto billing Multinationals for this = you get away with murder :)
    Don't tell Harvey .

  • Jimothy Wongingtons on 17/08/2021 - 12:24
    +1

    RRP is irrelevant. Thank uncle gerry for this fk around.

    • ESEMCE on 17/08/2021 - 12:32
      +1

      Over $1000 Import Duty predates Gerry Harvey

  • deme on 17/08/2021 - 13:12

    Would i need to declare a value of $1050 (what i paid) or what the RRP of the product is? ($600).

    LOL

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