17th February, 2023
The Expansion of Duty Deferral Benefit for Australian Trusted Traders:
We want to inform you that The Australian Border Force (ABF) is expanding the Australian Trusted Trader (ATT) Duty Deferral benefit to become Duty Deferral Plus. Duty Deferral Plus will further reduce the regulatory burden and improve cash flows for eligible ATTs.
- Import Processing Charge
- Wood Levy and Agriculture Processing Charge
- Luxury Car Tax
- Wine Equalisation Tax
Direct charges for services levied on some importations will still require payment on a transactional basis at the time of import.
The Duty Deferral Plus benefit is only available to Trusted Trader importers who defer the payment of Goods and Services Tax (GST) through the Australian Taxation Office (ATO) Deferred Goods and Services Tax Scheme. Duty Deferral Plus is not applicable on importations of excise-equivalent goods, and deferral does not apply to excise-equivalent customs duties.
Joining Duty Deferral Plus: