Customs and Excise Act 2018

If you need more information about this Act, please contact the administering agency: New Zealand Customs Service
118 Limitation of time for amendment of assessments

(1)

If an assessment of duty has been made under this Act, the chief executive may not amend the assessment so as to increase the amount of the assessment any later than 4 years after the date on which the original assessment was made.

(2)

Despite subsection (1), in a case where, in the opinion of the chief executive, an entry for the goods was fraudulent or wilfully misleading, the chief executive may amend the assessment at any time so as to increase the amount of the assessment.

(3)

In subsection (2), entry has the meaning given to that term in section 284.

Compare: 1996 No 27 s 94