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Australia and Peru have signed a free trade pact worth hundreds of millions of dollars for Australian farmers and businesses, expected to deliver jobs and an extra $13.5 million to sugar cane farmers. Under the agreement, 99% of tariffs that Australians exporters face will be eliminated. The Prime Minister, who is in Vietnam for Asia-Pacific […]

One of the most important developments this year for the Australian Border Force (ABF), as well as Australia’s national security more broadly, was the Prime Minister’s announcement on 18 July 2017 of the formation of a new Home Affairs portfolio. The Acting Commander for Customs Compliance Home Affairs portfolio, Stephen Hledik, this week outlined the […]

Under their changes to import conditions and documentary requirements for wooden manufactured articles, DAWR has issued clarification on the definition of export statements, i.e. date of treatment and date of export match. From 11 September 2017 consignments of manufactured wooden articles treated offshore by heat, fumigation or irradiation methods will be required to be exported […]

The department of Immigration and Border Protection (DIBP) and Australian Border Force (ABF)  have published Notice 2017/16 – containing advice to industry and owners/importers on the definition of ‘Owner’ contained in the Customs Act 1901. The Notice also outlines the broad compliance approach for the purposes of duty demands and revenue recovery under section 165 […]

There will be an increase in the Luxury Car Tax (LCT) threshold limit for the 2017-18 financial year. The LCT is a tax of 33% imposed on luxury cars over the luxury car tax threshold, which is indexed annually. LCT is generally payable when a car is sold or imported at the retail level. It […]

The rules around labelling of imported food have changed to make it easier for consumers to see where their food comes from. Imported food is classified as food not grown, produced, made or packed in Australia. This change means many foods sold in Australian supermarkets and retail outlets must carry a new label that clearly […]

While Australia already has an FTA with China, a comprehensive agreement with the Special Administrative Region (SAR) of Hong Kong would offer Australian service providers the ability to set up in the more highly-regulated and protected business environment there, while trading freely with China. Barring a number of goods – such as alcoholic spirits – […]

Back on 12th November 2016, we reported on the government’s intention to remove the ‘De Minimis Level’ for GST on imports. Now the legislation has been introduced into Parliament and is due to take effect from 1st July 2017. Basically, it will give effect to the 2016-17 Budget decision to apply GST to ‘low value’ […]

Customs have now issued advice about what discrepancies can be accepted on a Certificate Of Origin (COO) for the purpose of claiming preferential duty rates under the China Australia Free Trade Agreement (ChAFTA). Their position is now that preference CANNOT be claimed and duty has to be paid if the HS Code on the ChAFTA […]

From 1 July 2017, the law will require overseas vendors, electronic distribution platforms and goods forwarders to account for GST on sales of low value goods to consumers in Australia if they have GST turnover of $75,000 or more. The intention is that low value goods imported by consumers in Australia will face equivalent GST […]