A Guide to Importing and Exporting to and From Australia

Progress in Australia's transportation field has led to better facilities being available for purposes of import and export to and from various parts of the country. This has transformed Australia into a promising market for the rest of the world, making trade possible and extremely desirable.

Import regulations are very straightforward in Australia. Although it is not necessary for individuals or companies to have an import license to bring goods into the country, there are some commodities which do require a permit for clearance. These permits cover the import entry costs, value of the goods, rules of origin, the Australian Business Number, and any concessions that may be applicable. Additional fields like commerce trade descriptions, intellectual property rights, and tariff classification are also included.

Such goods require all these documents to be presented regardless of the value of the entire shipment. These permits are issued by specific authorities that will also assist by providing traders with necessary information regarding the process of importing goods. Customs will also be an excellent source to learn about the latest regulations, as the issuing agencies may not have the most recent information always.

Valuation is an important procedure in the importing process, and takes place in several ways for Custom purposes. The most common method is to affix a certain value depending on the price that needs to be paid for the goods, allowing for some adjustments. An important condition here is that the buyer and seller must not have any relationship which could reflect on the price.

Also, the Australian Business Number is required mainly for tax considerations, and must be provided on the permit.

Exporting goods from Australia has two important restrictions. Firstly, there are some items which are not allowed to leave the country under any circumstances. These items include heritage goods, certain species of wildlife, and so on. Export of these items is punishable by law, and exceptions are made only with the express permission of the permit issuing authorities. The second condition is that all export must be clearly recorded in Australia's international trade logs.

Thereafter, exported items must be approved by Customs for shipment, which is verified via an Export Declaration Number. Also a Certificate of Clearance must be issued, and which will be withheld until all the conditions of the transport are fulfilled adequately.

Concessions are available on both imported and exported shipments. The information pertaining to these rules can be found in the Customs department in comprehensive detail.

Bob Smith writes about Freight to Australia and the Newport Freight company

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