Worldwide Customs and Regulatory Updates
The 2012 Australian Customs Tariff Act Amendment
On 1 January 2012, the Customs Harmonized System (HS) will be amended. In response to the HS 2012 amendments, the Australian Customs Tariff Act has been updated to mirror the changes in HS 2012.
The amended Australian Customs Tariff Act contains approximately 800 amendments and it is recommended that customers also update their internal system to reflect the change in the HS codes and facilitate smooth clearance of commodities.
While the volume of amendments is substantial, there should be no change in the amount of duty exporters and importers are currently paying. The clearance of imported and exported goods is not impacted by the amended Customs Tariff Act.
For more information on the amended 2012 Australian Customs Tariff Act, please visit the Australian Customs and Border Protection Service website www.customs.gov.au or call 1300 363 263.
Customers may also like to contact their local service agent or a FedEx representative to discuss how the amended tariff classification may influence their existing tariff data categorization.