Every exporter must obtain an export declaration number (EDN) from the Australian Customs as it must be mentioned on the export documents to be sent along export consignments. For this, the exporters need to file export declaration with the Customs, providing required details about the goods being exported. Another benefit of EDN is its use in duty drawback scheme.
So, what is duty drawback scheme? It is one of the many schemes provided to the Australian exporters. It makes exporters eligible to receive refunds on custom duties they pay on imported goods. The refund is applicable if the goods in question are:
To be eligible for duty drawback, you must:
You can’t make a claim for goods that:
So, what is duty drawback scheme? It is one of the many schemes provided to the Australian exporters. It makes exporters eligible to receive refunds on custom duties they pay on imported goods. The refund is applicable if the goods in question are:
- Processed or treated or incorporated into other goods before further exportation or
- Lying unused since the time they were imported and are now being exported from Australia
- Registered Australian Business Number or a Customs Client Identifier
- Bank details
To be eligible for duty drawback, you must:
- Export the good from Australia
- Legally own the goods when they are exported
- Produce documents confirming payment of import duty on the goods
You can’t make a claim for goods that:
- Have been in use in Australia for purposes other than processing, treatment, exhibition etc.
- Have values less than 25% of the imported customs value at the time of exportation
- Have already been claimed for import duty refunds
- You can claim minimum of AUD 100 per duty drawback application
- For all goods exported after October, 2006, claims for duty drawback can be filed within 4 years from the date of exportation
- The Integrated Cargo System can be used for filing the duty drawback claim electronically.
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