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Dear Clients,

Did you know that you can apply to defer the payment of GST on your imported goods? In the current environment, the deferral of GST may assist you with your cashflow.

In order to be eligible to defer your GST you must meet the following criteria:

-Lodge your Business Activity Statements Monthly and Online.

-Make your Business Activity Statement Payments Electronically.

-Be up to date with your Activity Statement Payments.

If you meet this criteria the please follow the link below to make the application. Normal processing will take around 28 days.

Application for approval to defer GST on imported goods

Our Industry representative bodies are currently lobbying the Federal Government to also allow the deferral of duty by eligible importers. While no decision has been made on this front, any duty deferral scheme will potentially be linked to the GST Deferral scheme, therefore it may be prudent to register for GST deferral to ensure you are able to access the duty deferral scheme should it be enacted.

Kind regards,

Dion Williamson
NSW Branch Manager

 

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