Import Monster Posted October 29, 2009 Share Posted October 29, 2009 Hi Guys, great news for all you fellas looking to import a car next year - from the 01/01/2010 import duty on passenger vehicles is dropping from 10% to 5% I'm seeking clarification on whether this applies from the date the car is shipped or the date the car arrives, as currently the dutiable value is based on the exchange rate on the date the car shipped and I have a sneaky suspicion they'll make this the rule for applying the new duty too. But anyway, I'm stoked with the new rule as it can save hundreds, even thousands of dollars on the cost of importing a car because not only the duty drops, but also the GST will be lower as you are charged GST on the import duty too (yes, a tax on a tax - ridiculous I know!) over and out Cheers Aaron Import Monster Link to comment https://www.sau.com.au/forums/topic/294051-import-duty-on-passenger-vehicles-to-drop/ Share on other sites More sharing options...
Import Monster Posted October 29, 2009 Author Share Posted October 29, 2009 Confirmed that it is for vessels discharging their cargo on or after 01/01/2010 Hi Guys,great news for all you fellas looking to import a car next year - from the 01/01/2010 import duty on passenger vehicles is dropping from 10% to 5% I'm seeking clarification on whether this applies from the date the car is shipped or the date the car arrives, as currently the dutiable value is based on the exchange rate on the date the car shipped and I have a sneaky suspicion they'll make this the rule for applying the new duty too. But anyway, I'm stoked with the new rule as it can save hundreds, even thousands of dollars on the cost of importing a car because not only the duty drops, but also the GST will be lower as you are charged GST on the import duty too (yes, a tax on a tax - ridiculous I know!) over and out Cheers Aaron Import Monster Link to comment https://www.sau.com.au/forums/topic/294051-import-duty-on-passenger-vehicles-to-drop/#findComment-4906881 Share on other sites More sharing options...
Iron Chef Posted October 29, 2009 Share Posted October 29, 2009 Beat me to it Link to comment https://www.sau.com.au/forums/topic/294051-import-duty-on-passenger-vehicles-to-drop/#findComment-4906933 Share on other sites More sharing options...
Import Monster Posted October 29, 2009 Author Share Posted October 29, 2009 LOL, I logged in expecting to see a thread from you and was shocked and appalled that you must have slept in this morning Link to comment https://www.sau.com.au/forums/topic/294051-import-duty-on-passenger-vehicles-to-drop/#findComment-4907053 Share on other sites More sharing options...
Iron Chef Posted October 29, 2009 Share Posted October 29, 2009 It's a Thursday, USS Tokyo took first priority haha Link to comment https://www.sau.com.au/forums/topic/294051-import-duty-on-passenger-vehicles-to-drop/#findComment-4907439 Share on other sites More sharing options...
Import Monster Posted October 29, 2009 Author Share Posted October 29, 2009 It's a Thursday, USS Tokyo took first priority haha LOL, you should have still been up from waiting on the cars to load up last night. MORE CAFFIENE! Link to comment https://www.sau.com.au/forums/topic/294051-import-duty-on-passenger-vehicles-to-drop/#findComment-4907489 Share on other sites More sharing options...
Mr Eps Posted October 29, 2009 Share Posted October 29, 2009 i've had more caffeine - i'm sitting here flipping out like CRAZY!!!! ARGH I HAVE NO REASON TO POST IN THIS THREAD IM SO EXCITED Y33 JZX110 LOWER IMPORT DUTY ARGH MY NIPPLES Link to comment https://www.sau.com.au/forums/topic/294051-import-duty-on-passenger-vehicles-to-drop/#findComment-4907691 Share on other sites More sharing options...
Import Monster Posted October 29, 2009 Author Share Posted October 29, 2009 ah sh1t I spat coke all over my keyboard i've had more caffeine - i'm sitting here flipping out like CRAZY!!!!ARGH I HAVE NO REASON TO POST IN THIS THREAD IM SO EXCITED Y33 JZX110 LOWER IMPORT DUTY ARGH MY NIPPLES Link to comment https://www.sau.com.au/forums/topic/294051-import-duty-on-passenger-vehicles-to-drop/#findComment-4908213 Share on other sites More sharing options...
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