FAQ

GST Update for Low Value Goods Entering New Zealand Effective from 1 December 2019

Answers for the following questions have been provided by Aramex / Fastway as guidance only. Please note that you are recommended to view the Inland Revenue website for relevant information related to your business prior to making any decisions/changes to your systems.

What will my business be required to do in order to comply?

Businesses that meet the registration threshold of NZD$60,000 will need to: 

  1. Register for GST purposes with the Inland Revenue 
    Use link - https://www.classic.ird.govt.nz/campaigns/2018/gst-policy-update.html Once registered, Businesses will receive 9 digit Inland Revenue registration number (or IRD number) 
  2. Charge and collect GST on sales of low value goods to New Zealand based non-business consumers. This is recommended to be charged to Consumers at point of sale.
  3. Provide Aramex / Fastway with the IRD number when shipping goods to New Zealand consumers.
  4. Provide Aramex / Fastway with Consumer IRD number if registered (This will only apply for B2B transactions). If goods are imported for personal use, Consumer IRD number should not be used.
  5. Business needs to confirm to Aramex / Fastway if GST is “PAID” – i.e. Whether GST has been charged on the sale of each of the goods. This will be captured by Aramex / Fastway on the import declaration as a GST-paid code.
  6. Lodge GST returns to the Inland Revenue periodically. [Business will pay GST to Inland Revenue as per filed GST Returns based on LVG as charged to Consumer at Point of Sale.]

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