Australia to Review Low-Value Imported Goods Regime
Australia plans to assess the effectiveness of its low-value imported goods regime to determine if it’s functioning as intended, KPMG said July 6. The regime, which was implemented in 2018, was scheduled to be reviewed after two years to address…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
common issues that might have arisen, including suppliers failing to “identify their requirement” to register and collect goods and services tax and “difficulties in establishing the flow of information,” KPMG said. The firm said the review is expected to be completed in December.