Description | Amount |
(a) Value for duty of goods (Foreign) | US$190.00 |
(b) Value for duty of goods (NZ$) – converted using Customs exchange rate | NZ$250.00 |
(c) Duty = (b) at a rate of duty of 10% | NZ$25.00 |
(d) Freight, insurance and shipping costs (NZ$) | NZ$70.00 |
(e) GST value = (b) + (c) + (d) | NZ$345.00 |
(f) Goods and Services Tax (GST) = 15% of the total of (e) | NZ$51.75 |
Payable |
Customs charges payable = (c) + (f) | NZ$76.75
(exceeds the de minimus)
|
Import entry transaction fee (IETF) | NZ$49.24 |
Total payable | NZ$125.99 |