Glossary

Concession rates:* The allowances that, in certain circumstances, either lessen or waive the customs duties due on imported goods.

Customs brokers: Organisations acting for individuals or organisations importing (or exporting) goods or involved in the manufacture and storage of excisable goods.

Customs-controlled areas: The places where imported goods and goods for export are stored and where excisable goods are made or stored.

Customs duties:* Import duties (or tariffs) and excise-equivalent duties on certain imported goods.

Customs revenue: In this report, customs duties, Goods and Services Tax on imports, and excise.

Duty:* A tax you pay on imported goods that you buy. The government applies a duty to help protect businesses that are domestically producing similar goods. Examples are china, clothing, bags, jewellery, linen, and toys. The duty rate ranges from 12.5% to 34% of the good’s price.

Entry: In this report, a collective term used to refer to customs declarations for import (import entry) and the manufacture and movement of excisable goods (excise entry).

Excisable goods:* Domestically manufactured petroleum fuel and products, tobacco and tobacco products, and alcohol and alcohol products on which excise is payable.

Excise:* A tax that the government of a country puts on particular goods manufactured for sale in that country.

Excise-equivalent duties:* The tax on imported petroleum fuel, tobacco, and alcohol goods and products. The duty rate is the same as the excise duty rate for petroleum fuel, tobacco, and alcohol goods and products that are manufactured in New Zealand.

Trader(s): In this report, importers, customs brokers, and the manufacturers of excisable goods.

* Definitions marked with an asterisk are a simplified version of terms used in the Customs and Excise Act 1996. Refer to the Act for more substantive definitions.