The Australian Government announces changes to the Import Processing Charge.

The 2015/2016 federal budget announced an increase in the Import Processing Charge (IPC). This is to recover increased costs of import related cargo and trade functions undertaken by the Australian Customs and Border Protection Service (ACBP).

There are two changes to the current IPC arrangements:

Removal of the current price differential between air/post and sea cargo pathways.

Introduction of a consistent price differential between electronically and manually lodged declarations to encourage electronic lodgements and better reflect the additional work required by the agency to manually enter and process these documents.

What this means for you?

Whether you are importing by sea or air you will be subject to these Import Processing Charges. These new prices increases take effect on the 1st January 2016.

What are the changes to the Import Processing Charge?

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