From 1 October 2018 Customs will have a new Act. The changes mainly affect our business customers. Find out what this may mean for your business.
Deferred accounts for brokers
Our deferred payment scheme allows brokers to defer payment of Customs charges.
Customs brokers can apply to open a deferred credit account (BDCF).
This allows you to defer paying GST and Customs duties on import entries you’ve lodged for importers.
- defer paying the charges for up to 21 days, with a minimum of 7 days
- settle a group of transactions with a single direct debit payment.
You can defer paying:
- Customs duties
- Goods and Services Tax (GST)
- the Heavy Engineering Research Association (HERA) levy
- the Health Promotion Agency (HPA) levy on alcohol
- the Import entry transaction fee (IETF)
- the Ministry for Primary Industries biosecurity levy.
You can’t defer paying:
- simplified import entries, unless you use an importer code
- assessment notices
- temporary import entries
- sight entries
- additional duty notices.