Importation into Australia of asbestos-containing materials (ACMs) is prohibited except under very limited circumstances, however, despite this prohibition, there have been a number of incidents where ACMs have been imported into Australia.
New Processes for Voluntary Disclosure
The website of the Dept Immigration & Border Protection (DIBP) released guidelines last week as to DIBP’s requirements for the voluntary disclosure of errors in import declarations.
Penalties issued under the INS
DIBP relies on self-assessment. In order to encourage compliance the Infringement Notice Scheme (INS) was introduced, which imposed financial penalties for errors, whether or not duty was shortpaid.
Amber Line
The old administrative penalty scheme allowed people to avoid an administrative penalty for a false or misleading statement resulting in an underpayment of duty by stating their uncertainty as to the correctness of certain information, and…
The "Trusted Trader" scheme for importers may not be all it claims
This is a brief word of caution to importers to carefully consider the current claims by various parties that Trusted Trader (TT) will provide the importer with substantial benefits.