Commercial importers hit with increased Customs charges.
The Federal Treasurer Wayne Swan announced some dramatic increases in the Customs import processing charge (IPC) to be implemented as of January 1, 2014. It would seem that the import community has been targeted to pay for the federal governments excesses.
The current IPC fee is sitting at $50 per consignment per electronic sea import declaration, the IPC will be increased by $102.60 to $152.60 as of January 1, 2014, a 200% increase for an electronic service & $81.00 to $122.00 for air freight consignments.
This increase will apply to consignments over $10,000 in value while the IPC for consignments valued less than $10,000 will remain at $50 and consignments under $1000 will attract no IPC fee.