AusIndustry - Tradex Scheme

 

Many wine producers import glass bottles/packaging and then re-exported to an overseas market. The Tradex Scheme can assist in recouping duty and GST.

Key benefits:

  • Tradex is a simple scheme which offers up-front duty and GST exemptions for goods which are being imported for subsequent re-export. These goods can be kept in the same condition as received or incorporated into other goods. Using Tradex greatly benefits your cash-flow, as you receive these exemptions in advance (typically 10% GST and 5% duty). It is very easy to use and largely self-managed.
  • Companies can import any measure of goods such as food products, packaging, plastics or raw materials. These products can be used for incorporation by manufacture or simple assembly for an overseas market (the export market can be of any size).