New Zealand Customs Agency Announces Changes to GST Refund Processes for Returned Imports

The New Zealand Customs Service Sept. 26 announced changes to the GST refund procedure under recent amendments to the Goods and Services Tax Act 1985. Topics covered include: 1) that GST refunds will be allowed for importers returning goods to overseas suppliers, if the importer isn’t GST-registered in New Zealand or purchasing from an offshore supplier registered under the Offshore Supplier Registration Program; 2) the extension to 12 months from two months the application period for GST refunds, and allowing longer application periods for goods returned under a written warranty; and 3) that GST payments will be linked to the ...