CHANGES TO THE IMPORT PROCESSING CHARGES EFFECTIVE FROM THE 1ST OF JANUARY, 2016

As part of the 2015-16 Commonwealth Budget, the Government has decided to restructure the Import Processing Charges (IPCs) in order to support a number of significant reforms. The IPCs are cost recovery based and are aimed at improving the integrity of the border while removing cross-subsidisation and delivering efficiencies to the industry.

There are two changes being employed to the current IPC arrangements.

* Removal of the current price differential between air/post and sea cargo pathways.

* Introduction of a consistent price differential between electronically and manually lodged declarations to encourage electronic lodgements and better reflect the additional work required by the agency to manually enter and process these documents.

Please refer to the below table highlighting the restructured IPCs charges.

Item

Lodgement Type

Consignment Value

Cargo Channel

Current Price

New Price (01.01.2016)

Communication of Import Declaration (N10) Warehouse Declaration (N20)

 

 

Electronic

$1,000

Sea / Air

$0.00

Nil

 

> $1,000 -  < $10,000

Air / Post

$40.20

 

$50.00

Sea

$50.00

 

$10,000

Air / Post

$122.10

 

$152.00

Sea

$152.60

 

 

Documentary

 

> $1,000 - < $10,000

Air / Post

$48.85

 

$90.00

Sea

$65.75

 

$10,000

Air / Post

$122.10

 

$192.00

Sea

$152.60

 

Warehoused Goods (N30)

 

Electronic

 

All

 

N/A

 

$23.20

 

$23.00

 

Documentary

 

All

 

N/A

 

$60.00

 

$63.00

 

Should you have any questions please do not hesitate to contact us on 1300 661 961 or via email at sales@genfreight.com.au

Kind regards

GenFreight Logistics