COVID-19 Notice: The Asia Import Platform is designed to ensure that you can manage the importing process from anywhere – at a time when it’s impossible to visit suppliers and attend trade shows in Asia.
Understanding import duties, port charges, VAT and other taxes is crucial when importing products from China, especially in a time when trade tensions are at an all-time high. However, each country or market have its own import duty rates and customs value calculation methods.
In this article, we explain what every Importer must know about import duties, customs valuation methods, and other taxes when importing products to the following countries and regions.
About to import products from China to Australia or New Zealand? Ensuring compliance with mandatory safety standards should not come as an afterthought, but be the core focus when importing any consumer product to Australia.
Importing non-compliant products to Australia is an offense, which may not only result in a forced recall, but fines counted in the hundreds of thousands of dollars.
In other words, you only got one chance to get it right. Keep reading, to learn what every Australian importer must know about product safety:
Which products are regulated in Australia?
What is an AS/NZS standard?
How do I know which AS/NZS safety standards apply to my product?
How do I verify that a product conforms to a certain AS/NZS standard?
Do I need to get my products lab tested?
Who is responsible for ensuring compliance?
Non-compliances fines and penalties
Which products are regulated in Australia?
Several product categories, ranging from bicycle helmets and sunglasses to children’s toys, are regulated by a set of mandatory product safety standards. While there are also voluntary standards, we focus on the mandatory standards in this article. The following product categories are regulated, by at least one safety standard, in Australia and New Zealand:
Understanding the Australian import duty and tariff system, with many its exemptions and country of origin classes, can be rather complicated. In this article, we explain what Australian importers must know about import duty rates, HS codes, and tariffs:
Country of origin classifications
How to confirm the applicable HS code and duty rate for your product
Chapters and sections
How to (legally) reduce the import duty rate
When to pay import duties
How to calculate the customs value and import duty
Sometimes it actually makes sense start looking for a sourcing agency closer to home, rather than trying to find the right partner in China, Vietnam or India. In this article, we list some of Australia’s leading sourcing companies.
You will also learn how you can benefit from working with a local sourcing company, rather than one that’s based overseas.
What are the benefits of working with an Australian sourcing company?
Most Importers may assume that a company that’s located in the manufacturing country is always superior to one that’s headquartered at home. That said, the opposite is more often the case.
While a sourcing company based in China or Vietnam can disappear with your product designs and supplier network by tomorrow, an Australian agency is far easier to hold accountable when something goes wrong.
Further, sourcing companies based in Australia, or those based in Asia but with Australian ownership, tend to have a better understanding of the following:
About to import products from China, Vietnam or elsewhere, to Australia? If the total importation value is above AU$1,000, you’ll need to submit an import declaration and pay an import processing charge of at least 50 Australian Dollars.
In this guide, we explain what Australian importers must know about the Import Processing Charge:
Import Processing Charge Overview
Reduced rates for warehoused goods
When and how to pay the Import Processing Charge
Exemptions, small volumes, and sample orders
Import Processing Charge for online purchases and private importers
What is the Import Processing Charge when importing from China, Vietnam or India?
The importing processing charge depends on the customs value (CVAL) and whether you submit the import declaration manually or online. However, unlike import duties which may differ depending on the country of origin, the import processing charge is always the same.