Import duty/tax payable on a new bike from on-line store

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Import duty/tax payable on a new bike from on-line store

Postby barky07 » Thu Aug 23, 2007 3:23 pm

Anyone know what you would be up for regarding import duty and gst if you buy a bike from Europe and have it posted here? Bike I was looking at is $2600.00 inc shipping.
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by BNA » Thu Aug 23, 2007 3:30 pm

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Postby europa » Thu Aug 23, 2007 3:30 pm

I can't guarantee it but at that price, I reckon you can assume you'll get hit.

This was discussed some time ago. Do a search on Import Duty and see what comes up (we were talking about bringing in parts, not bikes) - I reckon someone put up a link to the relevant govt document.

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Postby lukas » Thu Aug 23, 2007 4:14 pm

A 5% duty rate is applied to bicycles, although there is a tariff concession order that covers all bicycles which effectively means you get it duty free.

Are you importing this through a courier type company? They'll probably just pump it through at the 5% rate, but if you're dealing with someone a bit more personally you could probably suggest this.
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Postby mikesbytes » Thu Aug 23, 2007 4:18 pm

You will probably still get hit with the 10% GST on the full $2600
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Postby lukas » Thu Aug 23, 2007 4:27 pm

Yes true Mikesbytes.. don't forget the GST.
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Postby rider06 » Thu Aug 23, 2007 4:28 pm

If you look up the dept of foreign affairs & trade (DFAT) - just google it (too lazy to find link) there is, or at least used to be a list showing amounts of import value you had to pay duty on.
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Postby lukas » Thu Aug 23, 2007 4:29 pm

FYI, if you were paying duty, you shouldn't be paying it on the full $2600. Any freight costs/insurance should be subtracted before applying the duty rate.

For GST though, freight and insurance is included.
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Postby triode12 » Thu Aug 23, 2007 4:43 pm

Anything above $1K AUD is slugged 10% GST plus a $54 processing fee.

You can get around this by shipping the bike or items in smaller separate packages insured/declared for less than $1K AUD per package (incl shipping and insurance).

If you are a risk taker, you can ship the entire bike in one box but insure/declare the value of the bike to be $900AUD. I would advised against this of course.
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Postby sogood » Thu Aug 23, 2007 4:51 pm

Ask them to pull the wheels apart and split into three packages of hubs, spokes and rims. And they'll all come in without additional charge. And you do know how to build wheels, right? :wink:
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Postby mikesbytes » Thu Aug 23, 2007 5:14 pm

triode12 wrote:Anything above $1K AUD is slugged 10% GST plus a $54 processing fee.

You can get around this by shipping the bike or items in smaller separate packages insured/declared for less than $1K AUD per package (incl shipping and insurance).

If you are a risk taker, you can ship the entire bike in one box but insure/declare the value of the bike to be $900AUD. I would advised against this of course.


If its above 1K, you get charged GST on the full price. ie
$500 GST = 0
$1500 GST = $150
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Postby Zujan » Thu Aug 23, 2007 5:15 pm

You will be charged GST on $1600 as first $ 1000 is duty free import! Plus processing fee……..That will be at least $250-$300 me think………best bet will be, send them (customs) mail…
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Postby Zujan » Thu Aug 23, 2007 5:16 pm

or maybe mikesbytes is right............man, see with Customs!
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Postby mikesbytes » Thu Aug 23, 2007 5:42 pm

The rules are online somewhere, I read them earlier this year, but they change these things all of the time.
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Postby triode12 » Thu Aug 23, 2007 6:28 pm

Zujan wrote:You will be charged GST on $1600 as first $ 1000 is duty free import! Plus processing fee……..That will be at least $250-$300 me think………best bet will be, send them (customs) mail…


Bought a camera that was shy over $1K (1.3K) and was charged 10% GST + $54 processing fee.

In another case, the camera was just under $1K and they didn't charge me a cent.

Mike is correct - if the package is $1500 - GST = $150 and add a further $54 proc fee.
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Postby bigbuzz73 » Fri Aug 24, 2007 11:19 pm

Depending on what country you are purchasing from, it still can be cost effective even if you pay GST. For example, if you buy goods from the UK you can get the VAT deducted when they are being exported. I don't know about other countries in the EEU.
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