ASSISTS

Article By Newsletter on 25-06-2015

ASSISTS

Did you know that if you provide any “assists” to your supplier then the costs of these “assists” MUST be included in the Customs Value for the assessment of duty and GST.
Items that would be considered to be an assist include, material supplied by the purchaser (even if the material is Australian origin), cost of production tooling such as dies, mould etc., cost of works such as art work, blueprints, development and engineering work.
If you have any assist costs and are not including them in the invoice value that is being used for customs clearance then you are in breach of the Customs Act.

Should you have any questions in relation to assists please contact your local CFL office.