New Zealand: GST Exemption on Low-value Goods Removed
From 1 December 2019, GST will be applied to low-value goods imported into New Zealand. This change is as a result of recent amendments to the Taxation Legislation in New Zealand. These changes are applicable to imported goods valued at or below NZD 1000. It is also required that non-resident sellers, operators of electronic marketplaces and persons who assists sellers with the delivery of goods to New Zealand to register and return GST on these supplies, if they exceed, or are expected to exceed, NZD 60,000 in total over a 12-month period. The new rules are in effect from 1 December 2019, however, non-residents suppliers can register from 1 September 2019.