BTi Logistics | Australia | Happy Holidays

BTi Logistics | Australia | Happy Holidays



Happy Holidays from the team at BTi Logistics.

BTi Logistics | Australia | What does the China FTA mean to you?

BTi Logistics | Australia | What does the China FTA mean to you?

Do you import from China?  Do you have exports to China?

The China Australia Free Trade Agreement may provide benefits if you trade with China.

The agreement was signed on the 17th of June 2015, and still requires domestic ratification in both countries before being brought into force. Current indications are that Chafta will be in force early in 2016, if not sooner.

There are significant benefits for both countries, with reduced Tariffs applying on both directions of trade.

Most import tariff rates will be reduced to duty free upon implementation of the agreement, however there are many tariff classifications that will gradually phase to duty free over either a 3 or 5 year period.  As an example certain textile fabrics will phase to duty free over 3 years, and steel and glass products will phase to duty free over 5 years.

So do all goods supplied from China automatically get Chafta reduced rates?

No, there are rules of origin within the agreement, depending on the tariff classification. Some require a change to the tariff headings of non-originating components. Others require a Regional Value content to be eligible for Chafta.

The Chafta does not remove any requirement to pay dumping and countervailing duties.

How do I claim Chafta preferential rates for my shipments?

The agreement requires that a Certificate of Origin issued by an authorised body in China is provided to claim preferential rates.  As an alternative, importers may request an advance ruling (Origin Advice) from the Department of Immigration and Border Protection in Australia. The advice is specific to particular goods from a specified supplier and importer. Once the advice is obtained, a declaration of origin can be used in place of a certificate of origin.

The process can be involved, and requires extensive information regarding the goods, so it is expected most importers will consider the certificate of origin as a preferred process.

Full details of the agreement are available at:

http://dfat.gov.au/trade/agreements/chafta/Pages/australia-china-fta.aspx

Your BTi team will provide more information as the agreement gets closer to being brought into force.

A Beginners Guide to Exporting (Infographic)

Have an amazing idea that the world will flock to? Launching a start-up? With so much involved in turning an idea into action, see our helpful infographic below. 

If you need assistance with your supply chain, contact BTi Logistics. 

3PL Warehouse & Distribution Manager | Melbourne Job in Laverton North 3026, Victoria Australia

We are currently looking for a 3PL Warehouse & Distribution Manager. See our advertisement for further information. 



3PL Warehouse & Distribution Manager | Melbourne Job in Laverton North 3026, Victoria Australia

Are your imports subject to dumping?

Are your imports subject to dumping?

In 2013, the Australian Government undertook huge reforms of the anti-dumping and countervailing system. It is recommended that you understand what dumping is all about and its implications, prior to making your foreign purchasing decisions.

What is dumping?

What is subsidisation??

What is Anti-dumping???

Dumping occurs when an exporter sells goods to Australia at a price that is below the 'normal value' of the goods. The normal value will usually be the domestic price of the goods in the country of export. Dumping is not prohibited under the WTO international agreement, however anti-dumping duties may be imposed when dumping causes, or threatens to cause, material damage to an Australian industry.

Subsidisation occurs when imported goods benefit from government financial assistance in the country of export. Subsidies can be in the form of loans, grants, tax incentives etc... Countervailing duties may be imposed when subsidisation causes, or threatens to cause, material injury to an Australian industry.

Anti-dumping is the imposition of a measure by the Australian government, in the form of an additional duty on imports and/or a minimum export price, to remedy material injury to Australian manufacturers caused by dumping and/or subsidisation.

http://www.adcommission.gov.au/adsystem/Pages/Explaining-the-System.aspx

Below is a current list of Goods subject to dumping and/or countervailing measures. If your imports are listed on the below commodities register, it is wise to talk to us, to work out if dumping duties are payable. Heavy penalties may apply to importers who attempt to circumvent dumping duties.

http://www.adcommission.gov.au/measures/Pages/default.aspx

More info can be found from the Anti-Dumping Commission website.

http://www.adcommission.gov.au/Pages/default.aspx#

For more updates on the Freight and Logistics industry, please see our BTi Logistics Website

Stink Bug Emergency Measures Update

See the below link regarding the Stink Bug Emergency Measures in place issued by the Department of Agriculture.



http://btilogistics.com.au/en/news/108-stinkbug

Happy Chinese New Year!

http://btilogistics.com.au/en/news/107-chinese-new-year

http://btilogistics.com.au/en/news/106-us-westcoast

http://btilogistics.com.au/en/news/106-us-westcoast

US Port Congestion Update - Freight Forwarding | Warehousing | Customs Brokerage | Australia

Please see the below for more information on the US West Coast Port Congestion.



US Port Congestion Update - Freight Forwarding | Warehousing | Customs Brokerage | Australia