BCR has been working as a customs broker for many small, medium and large businesses in Australia for more than 120 years. Each year, we assist hundreds of customers that import and export goods improve their customs compliance and find ways to reduce their duty.
Some good news for businesses that import IT products was recently announced from a group of World Trade Organization (WTO) members. They have agreed to eliminate customs duties on a new range of products from mid-2016 and will be staged by four equal annual reductions unless agreed otherwise by the parties.
Read on to learn more detail about the duty falls from a BCR customs broker on this recent update.