BUSINESS INFORMATION
Importing
Importing can be a valuable strategy to expand your business by accessing new markets, offering unique products or services, or lowering production costs.
Depending on the type of goods, and regardless of their value, you may need a license or permit to clear certain goods through Customs. Additionally, it is essential to ensure the goods meet safety and information standards.
While there is no single organization in Australia dedicated to assisting with importing, the Australian Border Force provides useful guidance on importing and purchasing goods from overseas.
Depending on the type of goods and regardless of their value, you may be required to obtain a licence or permit to clear some goods through Customs. You will also need to ensure that the goods comply with safety and information standards.
There is no central body in Australia to assist with importing, however the Australian Border Force provides practical information on importing and buying goods from overseas.
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Basic steps for importing goods
Identify reliable suppliers and request samples and price quotes.
To avoid scams, verify the credibility of suppliers. Australian offices of the following organizations can assist or provide guidance:
- International business councils (search online for “Chamber of Commerce in Australia,” e.g., American Chamber of Commerce).
- Overseas trade promotion organizations.
- Diplomatic missions in Australia, including embassies and consulates.
Determine if the goods can be imported and check for any restrictions or quarantine requirements.
Ensure that labeling and packaging comply with Australian regulations to avoid delays or additional costs.
Logistics
For small quantities, the supplier may handle courier or postal delivery. For pallet or container shipments, review Incoterms to understand responsibilities, costs, and risks shared between the seller and buyer.
Customs brokers can assist with import duties, tariff concessions, quarantine requirements, and unloading cost estimates. DCK Enterprise recommends consulting the Custom Brokers and Forwarders Council of Australia or the International Forwarders and Customs Brokers Association of Australia directories for trusted brokers.
Contact the international division of your bank
Discuss finance options, payment methods, and associated costs with the international division of your bank. DCK Enterprise advises exploring secure payment arrangements to ensure smooth transactions for your imports.
Understand ‘landed cost’
The landed cost includes all expenses, such as freight forwarding, insurance, duties, and taxes. DCK Enterprise recommends consulting a customs broker to calculate these costs accurately, ensuring you budget effectively for your imports.
Determine the selling price
Ensure your selling price provides a sufficient margin to cover all associated costs and generate a profit. DCK Enterprise advises careful analysis of your landed cost and market competitiveness before setting the final price.
Place an order with the supplier
After verifying your plan’s commercial viability, proceed to place your order. Ensure the order details are confirmed in writing and that all terms and conditions of the sale are clearly understood by both you and the supplier.
Take delivery of the goods
Inspect the shipment promptly upon arrival to check for any damage or shortages for insurance purposes. Provide a ‘clean receipt’ only after confirming the goods meet the expected quality and quantity.
More Information
- You can read more about biosecurity in Australia.
- Learn about trade measurement if the price of your goods is based on measurement and quality.
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