QB 22/04 – GST: Importers & GST
In cases where importers overpay GST to the NZ Customs Services (Customs) they can claim the full amount of GST payment in their GST return.
QB 22/04 confirms that Customs is prevented from refunding overpaid GST where the importer is a registered person who can claim a GST input tax deduction. Consequently, a proper mechanism for obtaining a refund of overpaid GST is to include the full amount in the GST return of the registered Importer.
August 2022
