The WTO Information Technology Agreement (ITA) was concluded at the Singapore Ministerial Conference in December 1996.
Tariff Changes 1 January 2017
The World Customs Organization has published the 2017 edition of the Harmonized System Nomenclature, which will enter into force Jan. 1, 2017.
A Tale of a Penalty
I had a discussion with a colleague last week as to a penalty notice his firm had received. In brief, the company’s clients include a freight forwarder.
SAFTA Changes
The Singapore-Australia Free Trade Agreement (SAFTA) entered into force in 2003 and is subject to regular reviews.
Declaring Overseas Freight & Insurance - the impact of DIBP Notice 2016/33
New DIBP notice 2016/33 addresses the declaration of overseas freight and insurance for the purposes of calculating Customs Value.
DAWR Lodgement Questions
Are you an accredited person not working for a brokerage that has an Approved Arrangement with DAWR? Then read on as you’re probably at risk.
Asbestos is absolutely prohibited as an import into Australia
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.
DIBP NOTICE 2016/24: PROCESSING REFUND APPLICATIONS
This matter has been in discussion since at least February 2015 but is still unresolved. The submission I wrote for CBFCA at that time was acknowledged by the regulator as correct.
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.
Related Parties and Transfer Pricing
Probably one of the most common reasons that Transaction Value is rejected in an import transaction is where the importer and exporter are related to each other and this relationship has an impact on the price.