Import processing charge amendments from 1 January 2016

|


The Australian Government has recently announced a change to the Import Processing Charge (IPC) as part of the 2015-16 Commonwealth Budget. This is to be made effective on 1 January 2016.

import processing charge amendments 2016

Import processing charge amendments effective 1 January 2016

The said amendments are in accordance with the Government’s desire to further support significant reforms set to aim the integrity of the border while improving the delivery efficiencies of the industry and removing cross subsidisation.

Major changes to the Import Processing Charge

The following are the major changes in the Import Processing Charges:

Adjusted price differential of $40 between electronically and manually lodged declaration

A consistent price differential of $40 between electronically and manually lodged declarations has been set. This is to make evident the additional work needed to manually enter and process documents as compared to the use of electronic lodgement of entries.

Warehoused goods
Electronic : $23
Documentary : $63
Price difference : $40

Communication of Import Declaration (N10) Warehouse Declaration (N20)
Goods with value of less than $1,000 but not more than $10,000
Electronic : $50
Documentary : $90
Price difference : $40

Goods with value equal or more than $10,000
Electronic : $152
Documentary : $192
Price difference : $40

Removal of price differential between air or post and sea cargo pathways

The current price differential between air or post and sea cargo pathways has been removed. The table below shows the new prices effective 1 January 2016.

Import Processing Charge (IPC) effective 1 January 2016

Import Processing Charges (IPC’s) effective 1 January 2016

For any other information regarding import processing charges or how we can help you with your freight needs in Australia and throughout the world call us at 1300651233.

Find out more about Freight Forwarder Quote Online Australia and Freight Forwarding or follow us on LinkedIn or Facebook to remain updated for our upcoming blogs regarding for you to remain posted of the recent Trade Agreement, freight and customs news.


Check out our other recent articles

|

Latest news

Read up on the latest Australian freight forwarding news and developments:


Marine cargo insurance, should you buy it? - 28 May 2023


Aus UK FTA 2023 highlights in of the new free trade agreement - 07 Apr 2023


Types of cargo shipped via sea freight - 05 Mar 2023




Check us out on LinkedIn

Get social with us

Check us out on Facebook. Get social and like our page. Feel free to post your thoughts - we will appreciate it.



Come see our clips on our YouTube channel and subscribe so you are notified when we add new ones.



To keep up to date with the industry and read up on industry trends and developments, follow us on LinkedIn.



For quick updates, follow us on Twitter.