Changes to the Customs Act

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There is a new Customs Act that comes into effect 1st October 2018, there are a number of changes that are the first since 1996.

To best understand what changes have been made I refer you to :

https://www.customs.govt.nz/about-us/customs-and-excise-act-2018/whats-changed/10-new-services/

The changes are related to:

Valuation Rulings

Provisional Values

Compensatory interest and late payment penalties

Infringement Notice scheme

JBMS compentency and registration

Administrative Penalties and review process

Excise Goods

Storing Business records

 

 

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