Customs & Excise

What's New?

• EPBS Report Findings [PDF: Feb 2011]
  The EPBS is a federal government incentive scheme which encourages major project proponents to consider Australian suppliers in exchange for duty concessions on imported capital equipment. Access Economics was commissioned by the Department of Innovation, Industry, Science and Research to evaluate the operation and effectiveness of the EPBS.

• Alternative fuels to be taxed from December 2011
  TaxTalk [PDF: Mar 2011]
  On 24 January, the Government released the long awaited Exposure Draft legislation to bring alternative fuels into the fuel tax regime from 1 December 2011. The draft legislation introduced a new measurement model for determining excise for non-petroleum based fuels.

• ASEAN - Australia - New Zealand Free Trade Agreement (AANZFTA)
  Trade Intelligence Asia Pacific [PDF: Dec 2009]
  The AANZFTA, which came into force on 1 January 2010, is a comprehensive Free Trade Agreement covering all areas of economic activity between member countries, specifically, trade in goods and services, investment, intellectual property e-commerce, temporary movement of business people, and economic cooperation. It will offer significant benefits to Australian businesses trading in South East Asia by progressively eliminating all barriers to trade in goods, services and investment in all their forms.

How can we help reduce your costs?

• Customs Duty and Excise
  Customs DutyAnalyser^® [PDF: Feb 2011]
  Do you import goods into Australia? We can help you minimise the duty you are paying.

• Fuel Tax Credits [PDF: Feb 2011]
  Do you use fuel in your business?

• Enhanced Project By-law Scheme [PDF: Feb 2011]
  Are you involved in major projects using imported goods?

• Risk Management
  Customs Compliance [PDF: Feb 2011]
  Do you need help with compliance? Would you be prepared for an audit?