
Originally Posted by
Paulie
Determination of duty is based on the following...
Purchase Price of item + Shipping
If over $1000
then GST payable is calculated as 10% Purchase Price of item + Shipping
If duty is payable then this is calculated on the value of the taxable import which is Purchase Price of item + Shipping + GST
Duty rates are normally 5% or 10%.
value of the item is normally determined based on invoices produced however if Customs (now Aus Border Force) believes the invoice to be dodgy they can assign market value to the goods.
Fedex / DHL / etc will work this out for you and submit the relevent paperwork. In the case of FEDEX and DHL they will often pay the required duty and GST to release the goods into there warehouse and then recover costs from you prior to delivery.
hope this helps,
Paul
Duty is calculated on FOB value (generally invoice total ) and GST is CIF value = cost+ duty +freight+insurance x 10% .
General duty rate is 5%, most engine parts are duty free and accessories are 5%, tyres are also duty free under a concession.
MY08 TDV6 SE D3- permagrin ooh yeah
2004 Jayco Freedom tin tent
1998 Triumph Daytona T595
1974 VW Kombi bus
1958 Holden FC special sedan
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