by Saving Point Team | Nov 30, 2020 | Custom Duty, Customs Duty Advisory News, Duty Planning, Expense Reduction, Import File Audit, News
Pacific Alliance Free Trade Agreement Negotiations between Australia and the Pacific Alliance (made up of Chile, Columbia, Mexico and Peru) began on 30 June. The Pacific Alliance has, over the last decade, become a fast growing economy with a GDP worth over 1.8...
by Ellen Dorward | May 6, 2016 | Customs Duty Advisory News, Duty Planning, News
GST to Apply to Low Value Goods From the 2016-17 Federal Budget: “The GST will be extended to low value goods imported by consumers from 1 July 2017. The measure is estimated to have a gain to GST revenue of $300.0 million over the forward estimates period. This...
by Ellen Dorward | May 6, 2016 | Customs Duty Advisory News, Duty Planning, News
Closure of Enhanced Project By-law Scheme From the 2016-17 Federal Budget: “The Enhanced Project By‑law Scheme (EPBS) will close from 7:30pm (AEST) on 3 May 2016, with transitional provisions for concessions already granted under the EPBS. This measure is...
by Ellen Dorward | Dec 11, 2015 | Customs Duty Advisory News, Duty Planning, News
ChAFTA Comes Into Effect 20th December 2015 The China-Australia Free Trade Agreement (ChAFTA) will officially come into effect from 20th December 2015 onwards. This has followed an exchange of diplomatic notes between the two countries, which was the last step in the...
by Ellen Dorward | Dec 4, 2015 | Customs Duty Advisory News, Duty Planning, News
The Department of Immigration & Border Protection has announced the Chinese authorised bodies for the China-Australia Free Trade Agreement. The authorised bodies are: AQSIQ (General Administration of Quality Supervision, Inspection and Quarantine) China Council...
by Ellen Dorward | Dec 3, 2015 | Customs Duty Advisory News, Duty Planning, News
The Department of Immigration & Border Protection will introduce changes to Import Processing Charges from 1st January 2016. Click here for further information.