Understanding Incoterms – FOB (Free on Board)

If you are an importer or exporter there are a number of International Commercial Terms (otherwise known as Incoterms) you should be familiar with. In this article we’re going to look at what FOB (or Free on Board) means.

When buying goods FOB basically the seller is responsible for getting the goods on the vessel ready for export. For a shipment to qualify as FOB the following terms needs to be met:

  • The seller must load themselves the goods on board the vessel nominated ...
Continue Reading →

Duty & GST on Imported Goods

What duties and taxes will be applied to the goods I have purchased from the internet when they arrive?

Low value consignments up to AU$1,000 are imported free of Customs duty and taxes.Consignments of alcohol and tobacco products are excluded from this and will be charged Customs duty and taxes.

Consignments valued over AUD $1000 will be assessed for Customs duty and taxes. Duty rates vary from 0% to 10%, however most goods attract a 5% rate of import duty and ...

Continue Reading →

Drilling Down on Illegal Drug Importation

Two people have been charged and 5kg of methamphetamine seized in a joint Australian Customs and Border Protection Service and Australian Federal Police investigation. The drugs were concealed in a large metal drill shaft, arriving at the Melbourne Container Examination Facility in an air cargo consignment originating from Dubai. The consignment was referred to the AFP who arrested a 35 year old woman and a 39 year old man from Glenroy, Victoria.

CBPS

Read more about ...

Continue Reading →

Customs Clearance

Not only can we organise freight for you, we can also organise and complete your Customs Clearance!

Duty rates, Customs & Quarantine Clearance and Entry processes differ from Country to Country. Tariff Classifications, Value Declaration and Duty Management can create confusion and increase costs, not to mention that additional Customs and Security initiatives have imposed new regulations on Companies; that make it more challenging than ever to trade Internationally.

Our Customs Brokerage experts produce compliant entries time after time, moving your shipments ...

Continue Reading →
Page 3 of 3 123