Before you plan to import to New Zealand, many Government departments are concerned with imports arriving in New Zealand. The main Government departments are the New Zealand Customs Service [NZCS] and the Ministry for Primary Industries [MPI]. One other Government department that should always be at importers forefront of mind is the Ministry of Business, Innovation & Employment [MBIE].
Whenever goods are imported to New Zealand, they will be assessed for import duty and import GST. If importers import goods from countries that New Zealand has a Free Trade Agreement [FTA] with; in more cases than not, the import duty will be reduced to zero and the GST will be 15%.
Import duty is very different from Anti-Dumping Duty [ADD]; ADD is a very high tax that applies only to select commodities designed to protect New Zealand industries from having imports ‘dumped’ into the New Zealand marketplace.
At the moment, there is a very short list of items that are subject to ADD, which are listed on the Ministry of Business, Innovation & Employment [MBIE] website:
- Preserved peaches from Spain
- Aluminium-zinc coasted steel from Korea
- Canned peaches from Greece
- Galvanised wire from China
- Galvanised wire from Malaysia
- Canned peaches from South Africa
The Ministry of Business, Innovation & Employment [MBIE] list of goods subject to Dumping Duties is current as at October 2023. The Ministry of Business, Innovation & Employment [MBIE] can add commodities that may or will cause material injury to New Zealand manufacturers.
Platinum® is well versed in Anti-Dumping Duties [ADD] and recommends that importers reach out to Platinum® before they purchase goods from overseas so that an ADD assessment can be undertaken.