06/04/2021
You've started your importing journey and looking forward to growing your business, congratulations!
Navigating rules and costs around importing can be confusing so here are 5 things all new importers should consider:
1. How you'll import your goods. You can import your goods by sea or air and which mode you choose is important. Make sure you talk to a trusted freight broker to make sure you're choosing the right option for your budget and needs.
2. Understand your costs. Consider clearance fees, customs duty, GST, and other taxes. There are a range of concessions you can apply for to reduce costs so it pays to know what schemes you're eligible for.
3. Have a good understanding of the law. Do you need a permit? Do you need to register your goods? Do you know how to correctly classify and label your goods? All of this matters to avoid huge costs down the track.
4. Know the difference between quarantine and customs clearance. These are two difference processes but both as important and strict when importing goods to Australia. Do your research and talk to a trusted broker to make sure your goods are cleared.
5. Find a good freight broker to help you navigate the complex world of importing. A good broker will make sure you aren't caught out with expensive fees or worse, don't receive your goods.