Commonwealth Consolidated Acts

CUSTOMS ACT 1901 - SECT 71DGB

             (1)  If an accredited client becomes liable to pay import duty on goods that are covered by an import information contract entered into by the accredited client, the import duty is payable on the accredited client payment day for the month following the month during which the goods are taken, under section 71DB, to have been entered for home consumption.

Note:          Other charges may be payable at the same time, such as RCR processing charge (see subsection 71DC(2)) and periodic declaration processing charge (see subsection 71DG(2)).

             (2)  If an accredited client has paid an amount of accredited client monthly duty estimate for a particular month, then the amount of import duty that is payable by the accredited client in respect of goods taken, under section 71DB, to have been entered for home consumption during the month is reduced by the amount of accredited client monthly duty estimate paid by the accredited client for that month.

             (3)  If the amount of accredited client monthly duty estimate that an accredited client has paid for a particular month is greater by a particular amount (the excess amount ) than the amount of import duty that is payable by the accredited client in respect of goods taken, under section 71DB, to have been entered for home consumption during the month, then the excess amount is to be dealt with by Customs as agreed in writing with the accredited client.