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Getting back the GST
paid on Imports
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| Having paid GST
on the imported item this then becomes your GST input for your
GST returns and this may be claimed back on your next return
against your returned sales made. This assumes that you have
a physical presence in New Zealand and are registered for GST
or a registered company for GST purposes even if this is administered
from Australia or elsewhere under IRD approval. |
| This effectively makes the imported products the same as if you had purchased the same product from a Manufacturer in New Zealand who would charge you GST on the product sold to you. (Assumption of the same value) |
| The net effect is that an imported product has no advantage or disadvantage over a locally sourced product. |
| If you do not have a physical or paper company in New Zealand and wish to ship larger or commercial volumes directly to distributors then they will need to both pay the GST to clear the products at the New Zealand end and if registered they would be able to claim that GST input back as part of their business. Most Direct Selling companies do not do this and will either use a paper company or use a fufillment company to undertake this process on their behalf. |
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