Import Rates from Far East Asia to Australia

Further to our below Newsflash distributed earlier this month, please note the start date for the new Port Infrastructure Charge for Sydney has now been delayed until 17th April 2017. The deferred start date is a direct result of Industry Lobby Groups expressing their displeasure at the short notice of the impleme

Increased Port Charges Sydney and Melbourne: DP World (DPW) a major port operator in Sydney and Melbourne have announced they are implementing a “Port Infrastructure Charge” effective from 3rd April 2017 covering all import and export containers moving through both ports. Melbourne port already has an

Have you ever asked your Freight Forwarder or Customs Broker for a shipping quote, only to have to wait up to 48 hours for an outcome? According to a recent study conducted by Maritime Research Consulting and Financial Advisory Service, Drewry, Freight forwarders spend 24.4 million hours of labour a year to find a

All goods imported into Australia must be assigned a Customs value, even if they were provided free of charge. This includes gifts, bonus goods, samples, and promotional goods. The most common method for valuing any import is to use the ” Transaction Value”, which is the price the importer actually pai

Pro-Forma Invoices are not acceptable by Australian Border Force (ABF ), a Pro-Forma is not a demand for payment and may not provide sufficient evidence to determine the actual price paid for the goods. Importers should not rely on Pro-Forma documents for processing of customs entries, as they will not be acceptab

The turmoil surrounding ocean freight rates from Hong Kong, China, Taiwan, Korea and Japan appears set to continue in 2017. Following the rate reductions we negotiated for February 2017 shipment from the above areas, we have started receiving shipping line notices advising of increased rates effective from 1st Mar

Do you import goods listed in the Dumping commodity schedule, if so you may be subject to paying dumping Duty. Please take a moment to read the schedule and contact our office to discuss if any of these measures will impact on the cargo you import. Dumping Commodity Registers Current measures are listed by commodi

We wish to bring to your attention important key elements of Certificates of origin issued form China. The following is a list that you need to make your suppliers aware could invalidate Certificates issued rendering it unacceptable for customs clearance purposes requiring the payment of import duty. The HS code i

Ocean Freight Rates from Far East Asia: GPSM are pleased to advise all clients that we have negotiated reduced FCL rates for February 2017 shipments from Taiwan, Korea, China and Hong Kong. As all will be aware the rates had remained at quite high levels leading up to the earlier than usual Chinese New Year &helli

We indicated in our last Newsflash that it was expected that lines would increase rates from Far East Asian ports to Australia in January, 2017, in a “last-ditched” effort to gain as much income as possible prior to the Chinese New Year shutdown. The initial indications were that a General Rate Increas