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ARTICLE · 06 MAY 2013

Significant developments in customs and trade - case summaries & new legislation

A summary of recent cases & legislative changes in the areas of customs and trade.

AustraliaCorporate/Commercial Law

There have been significant recent developments following our last Updates on the AAT decision reinstating the licence of a licensed customs broker and the new Customs Bill introduced into Parliament on 20 March 2013. Probably the most significant changes relate to the new Target case on TCOs, Customs new approach to cargo reporting compliance and Customs new Practice Statement on Transfer Pricing. As a result I thought that I would provide the following summary of those significant developments for your entertainment and education.

Always happy to provide more information on these developments and keep in mind that many of these developments will be addressed in current and forthcoming CBFCA State Conventions and the CBFCA CPD sessions. A number of additional issues have also come out of the recent CBFCA State Conventions in Perth and Noosa which have been very well attended.

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