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India Introduces ‘Service Tax’ For Imports
Seabridge Global Logistics News ON 22 January 2017 India introduced a new 4.5% tax on pre-paid imports, levied by the Indian Ministry of Finance for all cargoes landed in India on/after 22 January 2017. The service tax is to be collected by foreign-owned shipping lines, who have already attempted to start collecting the tax from Australian exporters. Up until recently an exemption was given on pre-paid ocean freight. The International Federation of Freight Forwarders Associations (FIATA) have asked for clarification on how the service tax would apply to transactions between two foreign entities that are outside of the local tax… Read More
Chinese New Year Delays
THE 2017 Chinese New Year Holiday will officially fall from January 27 – February 2.
Scam Warning From ASIC
Freight & Trade Alliance (FTA) has received confirmation of a scam where customers are contacted via email by people pretending to represent the Australian Securities and Investments Commission.
Counterfeit Shipping Containers Discovered
TWO counterfeit shipping containers (also known as a fake, cloned or re-birthed container) were discovered by an importer late last month.
Date Marking And Other Labelling Requirements For Imported Food
THE Department of Agriculture and Water Resources has issued a notice regarding commonly identified labelling noncompliances for imported food.
U.S Pulls Out Of T.P.P
DONALD Trump, the 45th president of the United States has introduced various Executive orders during his first weeks as president, including confirmation of the US’s withdrawal from the Trans Pacific Partnership (TPP).
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