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Offline Ferrari Fissatore

  • Soap Dodger

  • Joined: Jan 2007

  • Drives: its obsession
  • Location: under its skin
Customs have lists of various dealers and specialists to call when they have a query.



Offline MissLogistics

  • That chick from AustOrient

  • Joined: Nov 2009

  • Location:
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Ok, so does the custom's value not have anything at all to do with what you actually paid or the market value? Particularly if there isn't a market value like a glass 308 or a 328 GTB? Where do they get the figure?

Hi All,

Australian Customs often request proof of purchase.   After we have lodged the N 10 entry,  Customs will then contact us if they do not agree with the value , and request we ask the importer to provide bank statements showing transfer of funds...

If they do not agree with the value / bill of sale provided , they will then ask for an independent valuation,
the cost can be as much as $ 400.00 to $ 500.00 for this service.

cheers
Deborah
Austorient Motorsport Logistics
mobile; 0400 378 043





Offline dkabab

if its a common car o/s and there are barely any in aus, then i would assume a valuation would be based on market value in that country...



Offline Ferrari Fissatore

  • Soap Dodger

  • Joined: Jan 2007

  • Drives: its obsession
  • Location: under its skin
if its a common car o/s and there are barely any in aus, then i would assume a valuation would be based on market value in that country...

wrong.

They'll work out it's Aussie Market value.



Offline dkabab

wrong.

They'll work out it's Aussie Market value.

what if there arent any in aus....



Offline ACP

  • Lives in a Metro Tangerine

  • Joined: Jun 2008

  • Drives: McLaren
  • Location: Sydney
Hi All,

Australian Customs often request proof of purchase.   After we have lodged the N 10 entry,  Customs will then contact us if they do not agree with the value , and request we ask the importer to provide bank statements showing transfer of funds...

If they do not agree with the value / bill of sale provided , they will then ask for an independent valuation,
the cost can be as much as $ 400.00 to $ 500.00 for this service.

cheers
Deborah
Austorient Motorsport Logistics
mobile; 0400 378 043




Yes, but who does the independant valuation? What if you don't agree with what they come up with?




Offline Ferrari Fissatore

  • Soap Dodger

  • Joined: Jan 2007

  • Drives: its obsession
  • Location: under its skin



Offline Ferrari Fissatore

  • Soap Dodger

  • Joined: Jan 2007

  • Drives: its obsession
  • Location: under its skin
Yes, but who does the independant valuation? What if you don't agree with what they come up with?



Various people.

I think 3 independant valuations are sought generally.



Offline ACP

  • Lives in a Metro Tangerine

  • Joined: Jun 2008

  • Drives: McLaren
  • Location: Sydney
OK let's try these then:

275 GTB/4
288 GTO
LP 400

Let's see how many 'specilaists' can value these if you inherited them from an old Aunt who died recently.



Offline Ferrari Fissatore

  • Soap Dodger

  • Joined: Jan 2007

  • Drives: its obsession
  • Location: under its skin
condtion and history please...

They're all cars that are here in Oz, so that's an easy one. BTW.



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