COVID-19: Border Force announces temporary duty relief for select importers

As outlined by Leonie Ferretter and Daniel Rae, a temporary Customs By-Law will provide duty relief for importers of goods used in response to the COVID-19 pandemic.

In a move welcomed by industry, that will provide immediate cash-flow benefits to traders, Australian Border Force has announced a new concession to provide a free rate of customs duty on certain medical and hygiene products imported for the immediate response to the COVID-19 pandemic.Item 57 and Customs By-Law No. 2019608 to Schedule 4 of the Customs Tariff Act 1995 (Cth) provides a free rate of customs duty for goods that generally attract a duty rate of 5 percent, imported during the perio...

Sign in below or register now to read the full article

Authors: Leonie Ferretter, Daniel Rae

Published Date: 01 May 2020

Forgot Password?      Forgot Username?      If you need assistance with your existing account, please contact us.