DDP Implications in Australia
The DDP term requires the shipper to be the Importer of Record into Australia and this makes charges incurred in Australia, including import duty, GST and government entry charges, the responsibility of the shipper.
The DDP term requires the shipper to be the Importer of Record into Australia and this makes charges incurred in Australia, including import duty, GST and government entry charges, the responsibility of the shipper.
The following charges are what is currently being advised by the shipping lines and NVOCC’s.
Current industrial action at all 3 terminals across various parts of Australia is exacerbating the serious congestion issues at Sydney port.
Sydney empty parks are now overflowing and at breaking point. We are experiencing multiple redirections after booking slots into empty park’s as per the shipping lines advice.
Patrick Terminals has announced that the Maritime Union of Australia (MUA) has advised Patrick of Protected Industrial Action.
Due to recent bad weather in Sydney there has been ongoing berthing congestion at the port terminals. The congestion is causing vessel’s to be delayed through Sydney, Melbourne and Brisbane.
The air freight market continues to be challenged by the impacts of Covid-19 with Australian capacity remaining at very low levels.
The Tax Office advises that they can now have GST deferral in place within 3 to 4 days of receiving an application, this process previously took up to 30 days.