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zayd687
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hutchi, post: 269770, member: 114906 wrote:
Hi all, first post here,

i have started importing from over seas, and Im confused about how customs works out the value of goods.

my shipment cost was $8160, including freight, but I was only charged Gst on $7404

I cant work it out, and dont know how to show the true cost in the accounting program im using.
can anyone shed some light please
thankyou

Your right, It doesn’t sound right. Send me the Customs entry / Commercial invoice to have a look. Pretty sure i can work it out after 15 years of looking at entries and moving goods. Once we find the problem, go back to the broker that lodged it to customs and tell him to amend it so the declaration is true and correct.