Tilde Publishing and Distribution ISBN: 978-0-7346-0817-8 Import/Export Mapping International Trade for Australian Business Customs.

Slides:



Advertisements
Similar presentations
Understanding How This Requirement and Other Regulations Effect Your Importing. United States Customs Bonds Customs Bonds.
Advertisements

Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business Export Marketing.
Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business Import Purchasing.
Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business The Import/Export Process.
Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business International Transport.
Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business Import/Export Costing.
Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business Quarantine.
International Commercial Terms
Export Regulations. These are sanctioned by governments to regulate exports for a number of reasons amongst which are health, environment and strategic.
Introduction to Import GST Deferment Scheme (IGDS)
The Logistics & Documentation of Taking Your Samples Abroad Leslie Levy August, Senior Vice President, boomerang carnets.
Legal & Institutional Issues Presented by Mr. Rod Ettridge Fiscal Affairs Expert IMF 26 August 2014.
International Trade Policy: Tariff and Non-tariff Barriers
Planning and Preparation for Export
Excise Duties 4. March General liability for excise duty Whoever imports excise goods for resale, for delivery without remuneration or for own use,
Import Relief to Domestic Industry. - Free trade - Combating unfairly traded imports (subsidized, dumped in the United States) U.S. Trade Policy.
Refund Applications Authority Sec 163 of the Customs Act. Authority Sec 163 of the Customs Act. Regulations 126, 127, and128 Regulations 126, 127, and128.
1 CHAPTER XV DRAWBACK  Types of Drawback  Manufacturing Drawback Direct Identification Drawback Substitution Drawback  Rejected Merchandise Drawback.
Consumers Online: Privacy, Security and Identity Professor Margaret Jackson and Marita Shelly Presentation to the RMIT Financial Literacy, Banking & Identity.
1 CHAPTER XIII CUSTOMS CLEARANCE  Entry Process of Goods, Types of Entry  Evidence of Right to Make Entry  Entry Documents, Surety  Entry Summary &
International Business Chapter 4. Independent Practice Research the U.S. Customs and Border Protection Department Examine and explain 2 regulations regarding.
© International Road Transport Union (IRU) 2007Page 1 TIR Convention SafeTIR Mutual Recognition of Customs Controls Controlled Access International Chain.
Copyright  2003 McGraw-Hill Australia Pty Ltd PPTs t/a Tax Procedures for your Business by Ian Birt, Slides prepared by Peter Miller 1 Goods and Services.
Classification of Commercial and Regulatory Documents
DEVELOPING A PROFESSIONAL ORGANIZATION KENYA REVENUE AUTHORITY A Presentation to the WCO Conference on Developing the Relationship between WCO, Universities.
International Marketing Chapter 15
Preengagement Companies selling goods and services solely in the domestic market Those companies considering but not currently exporting Phase 1 Initial.
1 Analyisis application Incoterms EXW – Ex Works General notes  The seller delivers the goods at the moment that he places the goods at the disposal.
DUMPING A non-Tariff barrier to Trade or Protection for Australian Industry.
Drawback of Duty Section168(1) Provides the legal authority for the granting of a Drawback, by Regulation. 168(2) Specifies the amount to be considered.
The Foreign Economic Activity of Enterprises Of Dadoboeva Farangis.
Procedure for Custom Clearance By: Rahmatullaev Husniddin.
Use with Export Practice & Management Fifth Edition by Alan Branch ISBN 1–84480–081–4 © 2006 Alan Branch Chapter 9 Export customs practice.
Lesson 12 Tariffs and Customs Li, Jialong
Goods & Services Tax A guide to the practicalities of ANTS (A New Tax System)
Main UN Road Transport Conventions and Agreements Kabul, 24 August 2015 Kazem Asayesh Senior Adviser, TIR and Trade Facilitation.
© Copyright Licensing Agency Limited 2007 CLA Licence for NHS England.
1 CHAPTER XIII CUSTOMS CLEARANCE  Entry Process of Goods, Types of Entry  Evidence of Right to Make Entry  Entry Documents, Surety  Entry Summary &
Directorate General for Enterprise and Industry European Commission The New Legislative Framework - Market Surveillance UNECE “MARS” Group meeting Bratislava,
7. Customs document 7.1 Understand basic customs law 7.2 Types and function of forms used in import and export 7.3 Customs declaration and preparation.
Export Processing – Step By Step 2 Step I Seller contacts a Buyer after studying the market 3.
Basic economic freedoms. 1. Free movement of goods The Community shall be based upon a customs union which shall cover all trade in goods and which shall.
1 CHAPTER VI BUSINESS- GOVERNMENT TRADE RELATIONS INTERNATIONAL BUSINESS.
ANTI-DUMPING AND COUNTERVAILING DUTY
CONSUMER PROTECTION Slovak Customs Administration UNECE „MARS“ Group meeting 24 – 26 September 2006, Bratislava Bc. Viliam Pružinec, Customs Directorate.
Creative Commons terms and definitions By Chelsey Maton.
Responsibilities of a Customs Broker Powerhouse Consultancy Services Pty Ltd Garry Allen Phone: FAX:
Trade Compliance Considerations April 13, © 2016 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network.
Differences between customs brokers and customs carriers Differences between customs brokers and customs carriers Baku, April 8, 2016 TAIEX Workshop on.
Export Documentation Process to take advantage of AGOA/GSP
1 M O N T E N E G R O Negotiating Team for the Accession of Montenegro to the European Union Working Group for Chapter 29 – Customs union Bilateral screening:
CUSTOMS PROCEDURES. What is customs ? Customs is an authority or agency in a country responsible for collecting customs duties and for controlling the.
Tradex Scheme. Introduction Tradex is a government initiative to encourage exports, through providing upfront relief from Customs Duty and GST for goods.
The customs procedures which are laid by HM Government.
CUSTOMS PAYMENTS AND CUSTOMS FEES. Customs Payments and Their Types 1. Customs payments shall include: 1) customs duties; 2) value added tax charged on.
Global Marketing Warren J. Keegan Mark C. Green Global Marketing Warren J. Keegan Mark C. Green Importing, Exporting, and Sourcing Chapter 8 © 2015 by.
. UNIT – III. Import for industrial trading The Import Trade Act, 1992 defines import as bringing into India any goods by Land Sea or Air.
Protectionism 4.1 Globalisation.
Tariff and Non-tariff Barriers:
ENTRY BARRIERS WEEK 3.
Chapter 19 Trade, Free Trade and Protection
GEOP 4355 Supply Networks: Global Sourcing & Outsourcing
Lockheed Martin Canada’s SMB Mentoring Program
Lockheed Martin Canada’s SMB Mentoring Program
What is an advance ruling in the U.S.?
Walk-through of end-to-end, Roll On Roll Off process for goods
Importing New Vehicles into Australia
HIGHLIGHTS OF THE FOREIGN TRADE POLICY
State of play of the Customs-related aspects
Monitoring progress on MDG
Presentation transcript:

Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business Customs

One of the major roles of the Australian Customs and Border Protection Service is to monitor and control the legitimate movement of goods across Australia’s borders. A customs broker is an individual or organisation that is licensed by the government who acts as an agent for an importer or exporter performing many of the functions required for compliance with customs regulations and procedures.

Customs In Australia you do not need to hold an import licence in order to import goods of a general nature. Prohibited goods cannot be imported under any circumstances. For restricted goods, importers will need to secure permission from the relevant department or agency (permit issuing agency – PIA) before proceeding with the import.

Customs All imports exceeding the value of A$1,000 per consignment must be formally notified to Customs via the lodgement of a customs import entry. Apart from a few exceptions, e.g. alcohol and tobacco products, generally import duty and GST is not payable on imported goods valued at A$1,000 or less.

Customs Information supplied to Customs for the release of imported goods and the determination of import duty, GST and other taxes payable falls into three broad categories: – the nature of the goods, – the value of the goods, – the origin of the goods.

Customs Under Tariff Concession System (TCS) an importer may be granted a Tariff Concession Order (TCO) for a specific item if it can be demonstrated that no ‘substitutable goods’ are manufactured in Australia in the ordinary course of business The Australian Customs and Border Protection Service also operates a system that allows importers duty free entry of genuine handmade goods into Australia.

Customs Dumping is the term used to describe the practice of selling goods in an export market at a price lower than the price of the same goods in the domestic market. Remedial action may be taken by imposing a dumping duty. A subsidy is any form of direct or indirect financial assistance provided by a government that benefits an exporter. remedial action may be taken by imposing a countervailing duty.

Customs Licensed customs brokers are linked directly to Customs via the Customs electronic data interchange system known as the Integrated Cargo System (ICS) and lodge import entries electronically. The electronic lodgement system in conjunction with the self-assessment procedure ensures virtually instantaneous customs release of imported goods in most cases. In some cases customs may decide to examine cargo

Customs There is usually no requirement for import documents to be submitted to customs. However, you must retain documents for a minimum period of five years from the date of the customs entry.

Customs The majority of goods imported into Australia either attract a duty rate of zero or five percent. Exceptions apply mainly to passenger motor vehicles and related items, textile clothing and footwear and related items and excisable goods such as alcohol and tobacco.

Customs Calculating import duty

Customs The indirect tax that applies the most to importers is the Goods and Services Tax (GST) The other two taxes that may apply are the Wine Equalisation Tax (WET) and the Luxury Car Tax (LCT).

Customs Calculating GST

Customs An ATA carnet provides a simplified process for the temporary admission of a wide variety of goods and is the document most widely used by business for this purpose. Applications for ATA carnets are made via a local chamber of commerce.

Customs Importers must ensure that where required, goods imported for commercial purposes are adequately and accurately labelled, and include the name of the country where the goods were made and a true description of those goods. If detected at the time of importation, Customs can seize imported goods that infringe trademarks, copyrights or Olympic insignia, but only if the owner or authorised licensee lodges a formal objection.

Customs Exporters must lodge an export declaration to Customs in the following circumstances: – where the value of the export consignment is greater than A$2,000 except for exempt goods; – where there is a requirement for a permit to be issued by a Permit Issuing Agency; – where the exported goods will be the subject of a duty drawback claim; and – where duty and excise has not yet been paid on goods where duty and excise is payable.

Customs The Australian Customs and Border Protection Service operates a scheme known as the Duty Drawback Scheme that enables exporters to obtain a refund of customs duty paid on imported goods when these goods are subsequently exported. A certificate of origin (C/O) is a document issued by a government authority or another authorised body certifying that the goods identified conform to the rules of origin for a particular country.