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Import duties.



 
 
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  #1  
Old April 23rd 07, 03:54 AM posted to aus.bicycle
Brendo
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Posts: 130
Default Import duties.

The high value of the Aus $$ makes a custom frame from the US look
very appealing, when even with $300US postage I can still get a
quality frame for less than most Aust framebuilders can quote.

I know this has been discussed before, but what duties are payable
when importing a single frame from the US, with a dollar value of
around $1400 - $1600 Aus.

Brendo

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  #2  
Old April 23rd 07, 04:02 AM posted to aus.bicycle
Stuart Lamble[_7_]
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Posts: 1
Default Import duties.

On 2007-04-23, Brendo wrote:
I know this has been discussed before, but what duties are payable
when importing a single frame from the US, with a dollar value of
around $1400 - $1600 Aus.


GST, possibly a processing fee (can't recall). Remember that the GST is
charged on the value of the goods plus shipping - so if it costs $AU2000
for the frame and shipping to Australia, you're up for $AU200 in GST on
top of that (for example).

Have a look at
http://www.customs.gov.au/webdata/re...sByPostFAQ.pdf

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  #3  
Old April 23rd 07, 04:10 AM posted to aus.bicycle
Brendo
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Posts: 130
Default Import duties.

On Apr 23, 11:02 am, Stuart Lamble
wrote:
On 2007-04-23, Brendo wrote:

I know this has been discussed before, but what duties are payable
when importing a single frame from the US, with a dollar value of
around $1400 - $1600 Aus.


GST, possibly a processing fee (can't recall). Remember that the GST is
charged on the value of the goods plus shipping - so if it costs $AU2000
for the frame and shipping to Australia, you're up for $AU200 in GST on
top of that (for example).

Have a look athttp://www.customs.gov.au/webdata/resources/files/ImportingGoodsByPos...

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My Usenet From: address now expires after two weeks. If you email me, and
the mail bounces, try changing the bit before the "@" to "usenet".


Checked with an Aust Govt site, and the calc is as follows

Price of goods + 5% Duty + Shipping costs = Value of Total Imports
(VOTI)
GST = 10% of VOTI

Therefore, you pay around 15% on top of your Purchase + Shipping.

EG (all in Aus$)
Frame - $1500
Shipping from US $250
Total purchase price $1750.

Duty (5%) - $87.50
GST = ($1750 + $87.50) x 10%
= 183.75

Total Duties and Charges = $183.75 + $87.5
= $271.25 (which is 15.5% of the
purchase price)

Brendo

  #4  
Old April 23rd 07, 05:31 AM posted to aus.bicycle
Donga
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Posts: 1,402
Default Import duties.

On Apr 23, 1:10 pm, Brendo wrote:
On Apr 23, 11:02 am, Stuart Lamble





wrote:
On 2007-04-23, Brendo wrote:


I know this has been discussed before, but what duties are payable
when importing a single frame from the US, with a dollar value of
around $1400 - $1600 Aus.


GST, possibly a processing fee (can't recall). Remember that the GST is
charged on the value of the goods plus shipping - so if it costs $AU2000
for the frame and shipping to Australia, you're up for $AU200 in GST on
top of that (for example).


Have a look athttp://www.customs.gov.au/webdata/resources/files/ImportingGoodsByPos...


--
My Usenet From: address now expires after two weeks. If you email me, and
the mail bounces, try changing the bit before the "@" to "usenet".


Checked with an Aust Govt site, and the calc is as follows

Price of goods + 5% Duty + Shipping costs = Value of Total Imports
(VOTI)
GST = 10% of VOTI

Therefore, you pay around 15% on top of your Purchase + Shipping.

EG (all in Aus$)
Frame - $1500
Shipping from US $250
Total purchase price $1750.

Duty (5%) - $87.50
GST = ($1750 + $87.50) x 10%
= 183.75

Total Duties and Charges = $183.75 + $87.5
= $271.25 (which is 15.5% of the
purchase price)

Brendo- Hide quoted text -

- Show quoted text -


Whole bikes have no duty at all, but frames or other bike parts have
5% (go figure). All are liable to GST (including on postage as stated
above), but there is a $1000 threshold - it goes under their radar if
the price is less than that and you get off free. Even if the price is
stated lower, Customs may still grab your parcel and ask for evidence
of the price, e.g. an eBay invoice.

Donga

 




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