Cat amoungst the pigeons...

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HungLong

859 posts

HungLong

WA, 859 posts

8 Dec 2004 9:39am

As I understand it, as of the 1st of January 2005, Australia will be comencing a free trade agreement with the USA...

This means NO IMPORT DUTIES from my soarces in the know !

Make sure your local shop/retailer pass's on the savings to you ?

This will be interesting...

FlyingWhiteBoy

111 posts

FlyingWhiteBoy

WA, 111 posts

8 Dec 2004 10:11am

does that go for everything???????????????????

No import duties on what????????

I sense some money to be made....

White men can jump! (With the help of my 15.5m Titan.)

HungLong

859 posts

HungLong

WA, 859 posts

8 Dec 2004 10:48am

Well that's something that I'm going to find out ?

sinbad

213 posts

sinbad

SA, 213 posts

8 Dec 2004 1:45pm

We all wish. All it means is that import rates cannot be increased and should be reduced over time as per this note.
the info came from here ~~http://www.dfat.gov.au/trade/negotiations/us.html~~
Section B : Tariffs

Article 2.3 : Elimination of Customs Duties
1. Except as otherwise provided in this Agreement, each Party shall progressively eliminate its customs duties on originating goods of the other Party in accordance with Annex 2-B (Tariff Elimination).

2. Neither Party may increase an existing customs duty or introduce a new customs duty on imports of an originating good, other than as permitted by this Agreement, subject to Annex2-A (Application of Chapter 2).

All it means is we stay as we are but some products have been agreed to be reduced. As we all saw in the news the sugar industry did not get the reduction.

jan

1119 posts

jan

WA, 1119 posts

8 Dec 2004 11:25am

also, isnt that only the 5% import duty... GST is always/still applicable.

HungLong

859 posts

HungLong

WA, 859 posts

8 Dec 2004 11:32am

I've posted an email off to the link in Sinbads reply seeking clarification, cant hurt to ask ?

Jan 5% is 5%... it's a saving is'nt it ? if it's true !

Ian Grose

TAS

423 posts

Ian Grose

TAS, 423 posts

8 Dec 2004 4:49pm

Don't forget that some of the mail order gear coming out of the US is actually shipped out of China, so will still have duty payable.

A more important issue to consider if importing a kite is not the 5% duty it is public liability issue.

Under Australian law the importer is deemed to be the manufacturer and as such can be held liable if the products failure causes an injury.

I pay tens of thousands of dollars for insurance every year to cover this risk (as do all of the major brands) it is not worth taking the risk of loosing your house, however small the risk may be, all it takes is one failure on one kite and it might just be the first one.

Ian.

HungLong

859 posts

HungLong

WA, 859 posts

8 Dec 2004 3:12pm

quote:
Originally posted by Ian Grose

"Don't forget that some of the mail order gear coming out of the US is actually shipped out of China, so will still have duty payable."

"Under Australian law the importer is deemed to be the manufacturer and as such can be held liable if the products failure causes an injury."

"I pay tens of thousands of dollars for insurance every year to cover this risk."

Ian.

Not our's...
That's why I'm not an importer...
Pass's the saving on...

poor relative

9106 posts

poor relative

WA, 9106 posts

8 Dec 2004 3:20pm

long dong

Isnt this surruptitious advertising....the best way??

HungLong

859 posts

HungLong

WA, 859 posts

8 Dec 2004 3:38pm

interesting thread...

The Cat amoungst the pigeons...

Flyer

QLD

48 posts

Flyer

QLD, 48 posts

10 Dec 2004 8:59am

OK the actual facts are as follows

The no import duties will apply ONLY to goods 100% made in the USA. This eliminates almost 100% of kites does it not??
It does not matter where it is shipped from, if it was originally made in China or anywhere outside of the USA, OR has a raw material content from other countries, then the 5% duties will stay.

It may however cause SOME price reductions on boards though, i know SOME boards at least are made 100% in the USA, although there are also a lot that aren't.

It is also the importers responsibility to prove to customs with the relevant paperwork etc that the goods are 100% USA made

Hope that clarifies a few things

GreenPat

QLD

4114 posts

GreenPat

QLD, 4114 posts

10 Dec 2004 9:57am

LowHung,

It is spelt 'amongst', not 'amoungst'. Fair enough one spelling mistake/typo, but when it's in your signature and repeated on every post you make...?

HungLong

859 posts

HungLong

WA, 859 posts

10 Dec 2004 9:40am

thanks pat i was too lasy to get off the couch and find a dictionary

The Cat amoungst the pigeons...

jjd

705 posts

jjd

WA, 705 posts

10 Dec 2004 11:02am

"lazy" not "lasy"

hangtime

NSW

397 posts

hangtime

NSW, 397 posts

10 Dec 2004 2:36pm

quote:
Originally posted by GreenPat

LowHung,

It is spelt 'amongst', not 'amoungst'. Fair enough one spelling mistake/typo, but when it's in your signature and repeated on every post you make...?

Greeen Pat
There yuu go again--- carrectung other peeples spilling mistookes
Yoo mst stop dooing thiss as peeple will think YooRe a bitt of a nerd aye !

GreenPat

QLD

4114 posts

GreenPat

QLD, 4114 posts

10 Dec 2004 4:11pm

It's something from my childhood. I wasn't allowed to get away with spelling mistakes so it irks me when everyone else is. Sorry, I am a nerd.

HungLong

859 posts

HungLong

WA, 859 posts

13 Dec 2004 11:25am

Their reply...

Dear Mr Brown
The customs tariff on sporting goods will be eliminated from 1 January
2005, regardless of whether the importaion is for personal or business use.
However, GST will continue to apply to the import of these goods. Please
contact the Department of Treasury (tel: 6263 1111) if you have further
queries.

Yours sincerely

Trade Commitments Branch
Department of Foreign Affairs and Trade

Hello, could you please explain to me this...

Given the new rules/agreement between the US & Australia, If I import a
sporting good for personal use into Australia will I/it be subject to any
Taxes. Also If I import a sporting good inorder to be sold into Australia
will I/it be subject to any Taxes.

regards Rob Brown

The Cat amongst the pigeons...

pole boy

292 posts

pole boy

WA, 292 posts

15 Dec 2004 11:53am

yeah flying is right almost all kiting and windsrufing is out of asia, so that means there is pretty much no savings, though a ford F250 is now cheaper.

why walk when u can sail?

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