Australia - Customs Guide. Duty and Tax Threshold Imports are not assessed duty, tax and import Processing Charges when FOB* value is <AU$1000 Minimum.

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Presentation transcript:

Australia - Customs Guide

Duty and Tax Threshold Imports are not assessed duty, tax and import Processing Charges when FOB* value is <AU$1000 Minimum Tresholds & Duty rules Duty Calculation Duty is calculated FOB value Most Commonly Imported Items with Duty Rates Clothing - 5 % Natural health products - 4% Cosmetics - 5% Wallets/handbags - 0% CD & DVDs - 0% Auto parts - 5% Footwear - 5% Jewelry (imitation) - 5% Vitamins - 4% Costumes/festive goods - 5% Free Trade Agreements ASEAN-Australia and New Zealand Free Trade Agreement Australia-Chile Free Trade Agreement Australia-New Zealand Closer Economic Relations Trade Agreement Malaysia-Australia Free Trade Agreement Papua New Guinea-Australia Trade and Commercial Region Singapore-Australia Free Trade Agreement Thailand-Australia Free Trade Agreement United States-Australia Free Trade Agreement Free Trade Agreements (FTA) allows for preferential duty rates. Goods must meet the Rules of Origin outlined within each FTA to qualify for preferential duty rates. *FOB (Free on Board): The import duty is calculated exclusively on the value of the imported goods.

Tax Rules, Import Restrictions & Drawback Tax Calculation Tax is calculated on the CIF* value plus applicable duties Types of Tax GST** Tax Rates Standard rate is 10% Select items are tax exempt Common Import restrictions Vitamins and Supplements Cosmetics Knives & Daggers More information on Import Restrictions can be found at Returns & Drawback No current drawback solution *CIF (Cost, Insurance, Freight: The import duty and taxes payable are calculated on the complete shipping value, which includes the cost of the imported goods, the cost of freight, and the cost of insurance. ** GST (Goods & Services Taxes)

Examples Examples to Australia Example 1 Sweater of AU$500 Example 2 Sweater of AU$900 Value of the good AU$500AU$900 Duty applied Not applicable since <AU$1000 = AU$0 Not applicable since <AU$1000 = AU$0 Tax applied GST 0,10% - Not applicable since <AU$1000 = AU$0 Not applicable since <AU$1000 = AU$0 Total cost of goods, duty & tax paid by a client (excl shipping costs) AU$500 = AU$900 =