Well they dont call me Clueless Paul for nothing.
Being GST registered just makes it worse doesnt it. It has actually cost you money.
If you think IRD is irrelevant in matters GST you are a plonker of the highest order.
All you had to do is ask them, but no, you know better.
Considering your tirade against "the internet" thats where you probably got your gst information from instead of the IRD
Some internet expert said you couldnt claim the gst because its actually a tarrif, and you believed him
Over the last week or so I have asked 4 business acquaintances, not as expert as you mind, one brings in Harleys from the USA, another pickup trucks and Harleys from the USA, another Harleys from Japan, another Japanese and European sports type bikes from Japan.
To the simple question "do you claim the gst customs charges you on your imports?
YES YES YES YES YES YEAS YES YES YES YES YES
In case you missed it first time around?
YES YES YES YES YES YES YES YES YES YES YES
I even asked IRD and guess what the guy there said
YES YES YES YES YES YEAS YES YES YES YES YES
you have done all that dough because you were too up yourself to ask IRD
If you couldnt sort GST out, one of the simplest and straightforward systems in the world, God only knows what a shambles you are making of the all the VAT, sales taxes, tarriffs etc in Europe.
And just to make it better for you
gst you pay isnt a tax deductible expense
This means that the actual cost to you is 30-50% higher than what you didnt claim.
So instead of just missing out on say $20,000 you kindly left with the IRD
it actually cost you up to $30000
$30000 in the hole because you think the IRD is irrelevant.
Maybe you should talk to your little finger a bit more
it probably knows more than the rest of your body put together
You keep telling yourself
"Importers pay GST on goods, and, this is non refundable.... in effect a duty"
"Vehicles Imported into NZ are not subject to a duty, they are however, subject G.S.T, which, in the case of imported vehicles, is not recoverable.... In effect, a duty"
If you say it to yourself often enough it will become the "truth" and you wont feel like such a fool.
I may be clueless but at least I know I am and I know enough to ask questions of the right people.
When we first decided to import a few vans , Customs, IRD, LTSA, were all on the list to talk to.
Made sense to me but then I'm not a 15 yr expert like you
You obviously dont need to do anything like that
Way below your pay grade
And I suppose you paid GST on your sales as well
Dagnabit Wilbur, enough to drive a man to drink
PS rather than me import a container load of bikes just to prove you are an idiot, why dont you ring IRD and prove it yourself?
BTW the IR375 you dismiss as irrelevant? IRD give you a copy when you become gst registerd.
Maybe if you read it back then you wouldnt be in the pickle you are in now
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