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Imports over $1,000


Chitts's picture

By Chitts - Posted on 30 April 2009

If you import a bike and it costs $2,200 including shipping, do you pay duty on the full $2,200, or just the extra $1,200?

Also, does anyone know what the duty percentage is?

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Rob's picture

Who knows... poke around on their not-very-intuitive site. This page talks about importing by post but don't see anything that would let you calculate the cost:

http://www.customs.gov.au/site/page.cfm?u=5653

antc's picture
ar_junkie's picture

http://nobmob.com/node/5258#comment-16734

Purchase Value Before Freight etc. (Customs value) = Cval
Customs duty (Duty) = 5% of Cval
International transport and insurance or postage = T&I
Value of the Taxable Importation (VoTI) = Cval+Duty+T&I
Goods and Services Tax (GST) = 10% of VoTI
Total payable to Customs = (Duty + GST)

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