X

business.gov.au Apply for Tradex Scheme Australia : Department of Industry, Innovation and Science

Name of the Organization : Department of Industry, Innovation and Science
Type of Facility : Apply for Tradex Scheme
Country : Australia

Website : https://www.business.gov.au/assistance/tradex-scheme
Application Form : https://www.statusin.org/uploads/25016-TradexScheme.pdf

Apply for Tradex Scheme

** The Tradex Scheme provides an upfront exemption from Customs duty and GST for goods imported to Australia that are then exported within one year or other approved period.
** This provides a cash-flow benefit to the importer.

Related : Smart Service Queensland Taxi Subsidy Scheme : www.statusin.org/24985.html

The goods may be :
** exported in the same condition as imported
** processed or treated then exported, or
** incorporated in other goods which are exported.
** Export may be carried out by the importer or a third party.
** The goods must be exported within one year although approval can be sought to extend this period.
** The Tradex Scheme is an alternative to the duty drawback arrangements under the Customs Act 1901.
** Duty drawback allows the importer to claim back Customs duty paid on goods that are then exported.

Who can apply?
You can apply if you are :
** an individual
** an incorporated company
** a partnership
** an incorporated association or
** other kind of body corporate.

The following can’t apply for or hold a Tradex order :
** Unincorporated entities
** An individual who is an insolvent under administration
** An externally-administered body corporate
** A partnership where any of the partners is an insolvent under administration or an externally-administered body corporate
** All Tradex order holders, including overseas entities, must keep and maintain records covering their Tradex usage in Australia.

What are the eligibility criteria?
Applicant :
** You intend to import nominated goods that are to be subsequently exported or incorporated in other goods that are exported.
** The requirements of the Tradex Regulations are met in relation to the nominated goods.
** The nominated goods will be exported within one year after entry into Australia, unless an extension of time is approved.
** You have sufficient record-keeping and accounting systems in place to track the nominated goods until they are exported.
** These records must be retained in accordance with the Act.

Nominated goods :
** The goods nominated in your application that you intend to import can be any goods except those listed below.
** There is no limit to the number of goods you can nominate.

Goods not eligible :
** Goods intended for sale in a “duty free” shop or establishment.
** Goods that, if produced in Australia, would be subject to duties of excise. For example, most forms of alcohol, cigarettes and other tobacco products, a wide range of petroleum products.

How do I apply?
** To get the benefits, you must hold a Tradex order before you import your goods.
** You can download an application form in the I’m ready to apply tab or call us on 13 28 46 to get it sent to you.
** You need to submit your completed application form to an AusIndustry office. Call us on 13 28 46 if you need help filling out the application form.

** Contact the Department of Immigration and Border Protection on 131 881 for information about Customs Tariff Classifications.
** Once you’ve got a Tradex order, you don’t need to apply for separate or new orders for any future shipments of goods shown on the order.
** More information about the application process is available at the Tradex Scheme Customer Information Guide.

How will I know if I am successful?
** Once we receive your application, we will process it within a few days.
** You will receive written notification about whether your application is successful or not.
** If you are unsuccessful, you can ask for a review of the initial decision.

If you are successful, you will be sent a notice which includes :
** your Tradex order number
** the instrument number to be used on Customs Import Declarations
** the date on which your Tradex order comes into force
** a description of the nominated goods and associated Tariff chapter heading number that are covered by your Tradex order
** conditions of use for your Tradex order.

Categories: Australia
www.statusin.org © 2022 Contact Us   Privacy Policy   Site Map