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31 May2006
IMPORTANT NOTICE — PROCESSING OF DEFERRED PAYMENT
IMPORT ENTRIES THAT EXCEED THE CREDIT LIMIT
The New Zealand Customs Service is planning to change the way its computer system (CusMod) processes import entries that exceed a client’s credit limit.
As part of these changes, CusMod will automatically process an import entry that exceeds the credit limit by no more than 10 percent. If an entry exceeds the credit limit by more than 10 percent, CusMod will automatically reject it.
There will be two ways a rejected entry can enter CusMod for processing:
1. When re-lodged with the payment status changed to cash, it will be processed by Customs but delivery will not occur until payment is received.
2. A cheque is sent to the National Credit Control Unit. The cheque must be of sufficient value to provide enough credit to enable the entry to be processed. The cheque will be credited to the client’s deferred payment account when received by the National Credit Control Unit.
What this means for you
The credit limit can be found on your deferred payment statement. If you think you will exceed your limit, you need to contact us at least ten working days before the expected date of import. We will need to discuss the requirements for increasing the limit.
If a payment is sent in advance, it will need to reach us before the import entry is lodged.
If you need to know your current deferred payment account balance, contact Customs’ National
Call Centre on 0800428786. The call centre is available Monday to Friday from 8am to 5pm.
Please have your client code handy.
In summary
• Entries that do not exceed the credit limit: There is no change. CusMod will process them as present.
• Entries that exceed the credit limit by no more that 10 percent: CusMod will automatically process these entries.
• Entries that exceed the credit limit by more than 10 percent: These will be rejected by CusMod and will not be processed. They will only be processed if the payment method is changed to cash (meaning payment must be received in a Customs Office before delivery is given), or if a cheque (which provides sufficient credit in the deferred payment account) is received by the National Credit Control Unit.
• Deferred payment account holders should note that currently, there is no provision for the direct crediting of funds.
• Once a rejected entry has been accepted for processing it may still be subject to holds’, for reasons other than credit limit violations.
If you have any questions or comments please e-mail feedback@customs.govt.nz or phone the National Call Centre on 0800-428786.
Further information advising of the implementation date
of these changes will be provided shortly.
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