As a Customs broker I am frequently told by new or prospective clients that they prefer to buy DDP (Delivered Duty Paid – why are you reading this definition?).
DIBP Position on Refunds
The CBFCA on 1 June 2016 issued a commentary as to DIBP position on refunds. As many would be aware, I had significant input to the submission to DIBP.
Productivity Commission argues that Anti-Dumping Measures may not be good for the economy
The Productivity Commission has released a report today arguing that anti-dumping measures consider only a narrow set of industries, remove the need for innovation, and don’t consider the overall cost to the economy.
Incoterms 2010 in commodity sales contracts
Incoterms® 2010 are a set of standardised rules recommended for use in international sales contracts to define the responsibilities of sellers (exporters) and buyers (importers) for the delivery of goods.
Changes to GST Treatment of Cross Border Transactions
PwC have written a good article on the changes proposed by the new provisions for the GST Things to note from this review.
Changes to Customs Import Processing Charges
As part of the 2015-16 Commonwealth Budget, the Government restructured the Import Processing Charges. There are two changes.