Duty Savings Strategies

If you have never conducted an analysis of your company's duty spend, you could be leaving money on the table...

International Trade Advisors specializes in identifying opportunities for your company to reduce the cost of importing goods through applying our knowledge of available government concessions and programs, import valuation regulations and duty reduction strategies to your company’s supply chain. Consider the following:

• Does your company have an accurate picture of duty spend and is import duty a significant component of your cost of doing business?
• Are you trading with a related entity?
• Does your company pay royalties, license fees or other fees as part of your invoice price for imported goods?
• Does your company drop ship goods with a high duty rate to the United States or United Kingdom?
• Do you intend to import dutiable goods or equipment because you cannot obtain these same goods from an Australian manufacturer?
• Are you importing on a consignment basis?
• Are you regularly re-exporting goods from Australia to New Zealand or another country?

If you answered yes to any of these questions, we may be able to help your company reduce your duty spend and improve your bottom line. Cost Reduction Opportunities:

• Identifying savings opportunities though examining your company’s import data
• A closer look at Transfer Pricing. Is your company entitled to a duty refund?
• Exporting dutiable goods to the U.S. or U.K.?- Learn about how the First Sale rule can help you lower your costs.
• Importing goods not ‘made in Australia’? Learn how to ask the Australian Government for permission to import your otherwise dutiable goods duty free.