THE Government of India Ministry of Finance, through its three new notifications dated 13 April 2017, has shifted the responsibility of discharge of Service Tax on ‘Freight paid at Origin’ from the person in-charge of the Vessel to the Importer of goods, in India.
THE Department of Agriculture and Water Resources reminds clients that it will no longer accept ‘Prohibited packaging material’ statements from 16 June 2017. Consignment specific packing declarations containing the ‘Prohibited packaging material’ statement dated prior to 16 June 2017 will be acceptable for their intended consignment.
FROM 30 April 2017, the Department of Agriculture and Water Resources ceased heightened measures for the 2016-17 BMSB season. In addition target goods from the United States will no longer be subject to the specific import requirements that were applied during the 2016-17 BMSB season.
THE Department of Agriculture and Water Resources has released a notice that is of interest to importers of timber and timber products and associated industry participants and retailers.
Following completion of the Import Conditions Review (ICR) of timber and timber products by the Department and consultation with Industry, structural and editorial changes will be made to BICON cases for timber and timber products on 17 April 2017.
AS addressed previously, on 1 July 2017, GST will be payable on all consignments regardless of their value. Mr Andrew Hudson, Partner of Rigby Cooke Lawyers offers the following thoughts on what this will mean for Australian importers & exporters to Australia.
Due to ex-tropical cyclone Debbie, heavy rain and damaging wind gusts are currently affecting the Southeast Coast region. Brisbane is expecting the situation to worsen through the afternoon with severe rain, possible wind gusts of up to 125km/h and likely flash flooding.
Seabridge Brisbane will be closed from 12:00 AEST for staff safety during this severe weather event.
ON 22 January 2017 India introduced a new 4.5% tax on pre-paid imports, levied by the Indian Ministry of Finance for all cargoes landed in India on/after 22 January 2017.
The service tax is to be collected by foreign-owned shipping lines, who have already attempted to start collecting the tax from Australian exporters. Up until recently an exemption was given on pre-paid ocean freight.
ON 16 February 2017, the Government introduced law to Parliament that will amend the law to extend Goods and Services Tax (GST) to low value imports of physical goods imported by consumers from 1 July 2017.
Freight & Trade Alliance (FTA) has received confirmation of a scam where customers are contacted via email by people pretending to represent the Australian Securities and Investments Commission.
TWO counterfeit shipping containers (also known as a fake, cloned or re-birthed container) were discovered by an importer late last month. The importer was unpacking two containers to find, not the goods ordered, but instead, cheap brick pavers. The whole containers had been substituted and counterfeited.