Most popular items

Customs or Import duty for Diamond jewellery – pendants,rings,necklaces,ear-rings,gold coins to New Zealand

The Customs or Import duty for Diamond jewellery – pendants,rings,necklaces,ear-rings,gold coins to New Zealand is classified under Jewelry & Watches(cdf categories).

The HSCODE applied for Diamond jewellery – pendants,rings,necklaces,ear-rings,gold coins is 71-13-19-9-9

The tax is applied on the total sum of item cost, insurance cost and shipment cost.

The custom/import taxes are:

General duty is 5%

Special Tariff rate 1 is NULL

Special Tariff rate 2 is 0%

The average VAT rate applicable in New Zealand is 0.15

Note: If the special tariff rate is NULL then general duty is applicable.

The other taxes applicable are:

Import Entry Transaction Fee

Import Declaration

Entry Levy

To know more information on which tariff rate is applicable from the country you are importing to, look here

To get the accurate amount, calculate here

Calculation method:

Customs Duties or Import duty and taxes will be pending and need to be cleared while importing goods into New Zealand Either by a private individual or a commercial entity.

The valuation method is CIF.

  • The import duty payable is calculated exclusively on the value of the imported goods.
  • Along with Import duty, import goods are also subject to GST, IETF, ICTF and excise duty on some products.

Below is the Duty and Sales tax for New Zealand :

Duty Rates Average Duty Rate Sales Tax(GST) Threshold on goods
0% to 15% 5.11% ST=15%
VAT = ST * (CIF + Duty+ other taxes)
No duty or other chanrges when the duty and tax payable is less than or equal to NZ$60

Extra taxes and customs fees while importing:

Type of Tax Products Rates threshold
IETF All NZ$29.26 More than NZ$60(sum of duty and GST)
system entry levy All products on which IETF applicable NZ$19.98 No partcular threshold

Please find the lists and detailed information about other taxes here.

NOTE:

  • Some goods like books, laptops and other electronic products are not subject to duty.
  • GST is calculated on the sum of the CIF value, any applicable duty, excise, ALAC (HPA) Levy, and HERA Levy.
  • Prohibited Items:

    • Banderols/tax stickers
    • Cash-like’ negotiable instruments in bearer form (except event tickets)
    • Imitation (replica) firearms, weapons, explosive devices or ammunition
    Other related items:

    Gold jewellery – necklaces and chains
    Necklace with diamonds and precious stones
    Diamond jewellery – pendants,rings,necklaces,ear-rings,gold coins
    Platinum jewellery – necklaces & chains ,bands
    Silver jewellery – bangles,rings with gemstones,rings,cufflinks
    Clocks – electric with mechanical display
    Clock – electric with mechanical display
    Sports watches,analog watches,mens and womens watches
    Wrist watch,Digital watches,smart watches,fitness tracker,heart rate monitors,etc
    Precious and semi-precious stones