Details

Service: Tax, Trade & Customs
Type: Business and industry issue
Date: 4/24/2012

'Invest in China' iPad App (v2.2)

Free download

app profile

Investment in the People's Republic of China (PDF publication)

Asia-Pacific Trade & Customs News - 201203: Australia: Trans-Tasman trade agreement changes may impact importers and exporters

As of 1 January 2012, goods imported or exported using the Trans-Tasman trade agreement are required to qualify for duty free treatment using only the change in tariff classification (CTC) rule. Goods previously imported or exported using the regional value content calculation (RVC) rule may no longer qualify for duty free treatment.

On 3 December 2011, the dual rules of origin for the Australia New Zealand Closer Economic Relations Trade Agreement (the trade agreement), which is known commercially as ANZCERTA, ceased to exist. The dual rules of origin have been in place since 2007, and allowed importers and exporters to elect to use either an RVC or a CTC rule to support duty free claims under the trade agreement.

Asia-Pacific Trade & Customs News - 2012/03: Australia: Trans-Tasman trade agreement changes may impact importers and exporters

Download Now

Asia-Pacific Trade & Customs News - 201203: Australia: Trans-Tasman trade agreement changes may impact importers and exporters (PDF 684KB)

PDF files require Adobe Reader to view

Download Adobe Reader

Featured in this edition are:

•	Australia: Trans-Tasman trade agreement changes may impact importers and exporters
•	India: Announcement of Union Budget 2012
•	New Zealand
	- Updates on New Zealand's FTAs
	- Administrative developments
•	Vietnam
	- Vietnam Environment Protection Tax
	- New Import-Export Tariffs

More Asia-Pacific Trade & Customs News

Asia-Pacific Trade & Customs News - 201201/01: Malaysia: Customs audits on the rise

	7/31/2012
In 2005, the Australian Customs along with all other WCO members endorsed the SAFE Framework, which includes providing benefits to businesses that meet supply chain security standards and best practices.

	2/20/2012
The Malaysian indirect tax regime comprises mainly of taxes administered by the Royal Malaysian Customs and Excise Department (RMCED). These include import duty, export duty, excise duty, sales tax and service tax.

Sign up now

Subscribe to receive email alerts or e-Newsletters from KPMG China when new updates are available.

Update profile and manage subscription

Not a member? Register

RSS feeds

Tax Publications (XML)

How to use RSS?

Latest articles & publications

	Global Indirect Tax Brief: February 2013

	China State Council publishes new policy framework on Special Customs Supervision Zones

	International Tax Review - China Looking Ahead (Second Edition)



	More articles and publications

© 2013 KPMG Advisory (China) Limited, a wholly foreign owned enterprise in China and KPMG Huazhen (Special General Partnership), a special general partnership in China, are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

© 2013 KPMG, a Hong Kong partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.

KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

Healthcare & life sciences in China – Towards growing collaboration

The China cloud takes shape