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No change to de minimis |
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No change to de minimis
Customs Minister Maurice Williamson today announced that the de minimis level - the minimum amount of duty (including GST) which Customs collects - will remain at $60.
This means that if duty on imported goods, including GST, is less than $60, Customs will not collect it.
Given the current capabilities of
Customs’ cargo reporting and revenue collection
systems:
● a higher de minimis would decrease the
amount of revenue collected by the Crown.
● there would be negative impacts on wider risk management (for example illicit drugs) if the present cargo reporting system for low value imports was extended for a higher level de minimis.
● a lower de minimis would increase compliance costs to importers and not produce a worthwhile increase in Crown revenue.
The de minimis will next be reviewed as part of the implementation of the Joint Border Management System.


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