When does this change start?
From 1 October 2018, importers will be able to apply to Customs for a valuation ruling.
Who does this change affect?
Importers and their agents, and brokers.
What do I have to do if I want to use this?
You will need to apply to Customs before your goods are imported into New Zealand.
What form do I need to use?
All new forms will be available from the Customs website on 1 October 2018.
What basis does Customs use to make a ruling?
In making valuation rulings, Customs uses methods that are set out in the Act and which follow the World Trade Organisation’s General Agreement on Tariffs and Trade.
How long will Customs take to make a decision?
Customs has up to a maximum of 150 days to make a ruling.
How long will a ruling be valid?
Once a ruling is given, it is valid for up to three years.