Implementation of the WTO Trade Facilitation Agreement – What Does it Mean for Australian Traders?

We have all attended meetings where there are 10 agenda items, but its five minutes to go and you realize you are only up to item four. Not so with the first meeting I attended in 2015 regarding the implementation of the WTO Trade...

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President Trump – What could He Mean for Australian Customs Brokers?

“I wish he would tear up the US Australia FTA” said a Mildura citrus farmer I was talking to after the news of Trump’s victory was announced. Usually, the promotion of international trade is a bipartisan issue and elections ...

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Australian Customs Broker Liability for False Statements

Australian customs brokers are worried about the recent focus on importations potentially containing asbestos. The concern highlights the difficult position of customs brokers. With every piece of information provided to the Depar...

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Australian Border Force Focuses on Customs Valuation

A June 2016 Australian Border Force report highlighted a worrying 23% error rate on import declarations. What are you doing to review compliance levels? Customs valuation principles In most cases, the customs value of goods will...

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Broker liability, penalties for false statements, dumping duties and an application to the High Court on TCOs

LIABILITY FOR FALSE STATEMENTS TO CUSTOMS – FINES PLUS FORFEITURE OF THE GOODS Three individuals who made deliberately false statements in an attempt to evade duty each received fines equal to double the amount of the underpa...

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China Free Trade Agreement to Commence on 20 December

The Free Trade Agreement between Australia and China will commence on 20 December bringing with it an immediate round of tariff cuts and a further round of cuts on 1 January 2016. With only 11 days’ notice of commencement, impor...

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