Are you importing from Malaysia and currently paying duties on arrival in Australia? Did you know that Malaysia and Australia have a free trade agreement in place so you can avoid duty charges?
Working with International Cargo Express, a specialist on the Malaysian/Australia trade lane, we can help to reduce you avoid unnecessary costs associated with your shipping.
When importing or exporting around the world, a Certificate of Origin can be of substantial benefit. If the country of import or export has a free trade agreement (FTA) with Australia, duty charges may be avoided.
What is a Certificate of Origin?
A Certificate of Origin is a declaration that details the country in which your goods are made. The document contains a confirmation from a government authority that the goods being shipped are manufactured in a specific country.
And Free Trade Agreements?
Free Trade Agreements are treaties between two or more countries that reduce and even eliminate certain barriers to international trade and investment. These agreements are entered into in a bid to benefit Australian importers, exporters, producers and investors. You can read more about FTAs on the Department of Foreign Affairs and Trade Website.
What is a MAFTA?
MAFTA stands for Malaysia and Australia Free Trade Agreement. By completing a certificate of origin for goods manufactured in Malaysia, you can take advantage of the MAFTA in place. This essentially means you can avoid paying duty on your products. This link to the MAFTA provides an example of the Certificate of Origin which you can send to your supplier.
Wish you knew this sooner? Good News! If you have paid duty when importing from Malaysia, you may be able to claim a rebate using a Certificate of Origin.
Simply contact our customs brokers on 1300 CARGO1 and we will be on hand to assist.
Keep in mind
If you are preparing to import or export, consider whether a Certificate of Origin may make the process more cost effective.
It is always a good idea to have your customs consultant review all relevant shipping documentation prior to any cargo departure. They can provide invaluable advice and ensure you don’t get caught out with hidden charges or paperwork issues.
Should you have any questions regarding this please contact your ICE team member on 1300 CARGO1.