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Customs Tariff Changes: 1st January 2023

Customs barrier in front of a Australia flag
21st December, 2022
 

Customs Tariff Changes: 1st January 2023

 
Dear Valued Gava Customers,

We would like to inform you that the Australian Border Force has issued a notice stating that from the 1st of January 2023, there will be Customs Tariff Changes within the industry. As a result, the preferential customs duty rates for Peruvian-originating goods, RCEP-originating goods, and Indian-originating goods will be reduced.

 

All goods that are Peruvian originating, other than excise-equivalent goods (certain alcohol, tobacco, petroleum, and fuel products), will have a duty rate of ‘Free’ from 1st January 2023.

This phasing down of duty rates under PAFTA applies to goods classified under approximately 75 subheadings. The duty rate for these goods will be phased down from a rate of 1.2% or 0.9% to ‘Free’.

The Goods Affected by this Reduction Include:
  • Chemicals,
  • Plastics,
  • Preserved vegetables,
  • Goods of leather, rubber, plastics, iron, or steel,
  • Fibreboard, footwear, and clothing accessories,
  • Machinery such as cameras and apparatus for radio broadcasting,
  • Unmanned aircraft and furniture.
 

From the 1st of January 2023, the preferential rates of customs duty for certain RCEP-originating goods will be reduced to either 4%, 2% or 1%.

 

As there are a large number of staging categories, importers are encouraged to check if there has been a change in the duty rate of their RCEP-originating goods.

 

From 1st January 2023, the preferential customs duty rates for certain Indian-originating goods will be reduced to 3%. This phase-down applies to 115 subheadings. The goods affected by this reduction are certain types of iron and steel and articles of iron and steel.

These phase-downs are incorporated into the relevant Online Tariff Pages and Tariff Working Pages. To learn more on this matter, please Click Here.

Should you have any questions, please don’t hesitate to contact us at Gava Australia. For additional updates and information on the Latest News in the industry, please visit our new Gava Website: www.gava.com.au/blog Regards, Gava Australia
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