Exporting & FTAS

THERE has been a low up take of Free Trade Agreements (FTAs) by small to medium Australian exporters. FTAs cut tariffs, which are taxes or duties to be paid on traded goods and it is important for Australian exporters to offer FTAs to their clients.

Check-weighing At Terminal Reveals Industry Non-compliance

RECENTLY Victoria International Container Terminal (VICT) at Webb Dock has started check weighing export containers received against the Verified Gross Mass (VGM) provided by shippers and forwarders in 1-stop.

New Shipping Alliances & Potential Rate Increases

ON 1 April, the shipping industry’s four major alliances became three - 2M, THE alliance and the Ocean Alliance.

New Shipping Alliances & Potential Rate Increases

THE Government of India Ministry of Finance, through its three new notifications dated 13 April 2017, has shifted the responsibility of discharge of Service Tax on ‘Freight paid at Origin’ from the person in-charge of the Vessel to the Importer of goods, in India.

Update For GST On Low Value Imports

ON 16 February 2017, the Government introduced law to Parliament that will amend the law to extend Goods and Services Tax (GST) to low value imports of physical goods imported by consumers from 1 July 2017.

The End Of Stink Bug Season

FROM 30 April 2017, the Department of Agriculture and Water Resources ceased heightened measures for the 2016-17 BMSB season.
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