GOLD, PRECIOUS METALS, JEWELRY IMPORT INTO AUSTRALIA
At 365 Freight and Customs, we take great pleasure in providing outstanding Gold, Precious Metal, Jewelry Import service for our customers. We give you the assurance that your products will arrive at their location, anywhere in the world, on time by utilizing Australia’s top sea / air freight carriers.
Australia imports a significant amount of jewelry, with a wide range of products imported from various countries around the world. According to the Australian Bureau of Statistics (ABS), in the 2020-2021 financial year, the total value of jewelry imports into Australia was $2.2 billion.
The main countries from which Australia imported jewelry during this period were:
- Thailand – $560 million
- China – $335 million
- Hong Kong – $298 million
- Italy – $248 million
- United States – $176 million
These imports include a range of jewelry products, such as diamond and gemstone jewelry, gold and silver jewelry, costume jewelry, and watches.
It’s also worth noting that Australia has strict regulations around the import of jewelry, particularly around the use of certain materials and compliance with safety standards. Importers need to comply with various requirements, including regulations related to the use of certain materials, such as nickel, and compliance with safety and quality standards, to ensure that imported jewelry products meet Australian standards.
Overall, importing Gold and precious metals into Australia can be a complex process that requires careful planning and compliance with a range of regulatory requirements. We at 365 Freight and Customs help you to ensure that all necessary steps are taken and all regulatory requirements are met.
More Information about Importing Jewelry Products into Australia
Frequently Asked Questions
Still open questions?
An effective customs broker will save you time and money, usually more than you pay for the service. While using a customs broker to clear your imported goods is not mandatory, in most cases it’s certainly beneficial as outlined below.
SAVINGS: Customs brokers ensure that you are paying the smallest amount of duty/GST that is legally permissible for the particular transport conditions and/or products that you are importing. We have a lot of options for how to accomplish this.
TIME: Compared to manual self-lodgement of an import declaration, we enable considerably quicker customs release timeframes through electronic customs clearance handling.
For instance, while customs takes 8–10 working days to process self-lodgment documentation, we clear postal shipments in just 3 hours. To Put in short, its like some one works for you.
LIABILITY: Using a customs broker shields you from the possibility of liability for filing an incorrect N10 import declaration, which carries a strict liability fee of up to $12,600.
The bottom line is that you should use a customs broker if you’re not completely sure that you comprehend the law and the declaration you’re making in this respect.
At 3SIXTY5 FREIGHT AND CUSTOMS, we provide a series of customs clearance services for individuals, Australian companies and freight forwarders. Our broker recognizes that Australian import demand and online shopping trends will continue to grow, and our growing focus on the retail market reflects this growth. Our customs broker values each customer and provide their expertise to ensure your compliance, and we provide “duty minimization guarantee” to save you money as much as possible.
Yes. Although formal customs clearance is necessary, we will use the law to exempt you from paying duty, sales tax, and government entrance fees.
Consignments under AUD $1,000 are only subject to one additional requirement—you must also submit EMPP, or Evidence of Money Price Paid, to prove the worth of your shipment.
Any document that attests to the successful movement of money from your bank account to the supplier’s account for the amount of the invoice is an EMPP. Bank/Credit Card statements and PayPal or T/T receipts are common instances.
Yes. We can pre-clear your consignment as soon as it departs the origin.
We cannot however clear it prior to the date of origin flight departure as this is the valuation date of the consignment which determines customs exchange rates.
The tariff classification is an 8-digit reference number and 2-digit statistical code, obtained from the Australian Customs Tariff that identifies the imported item and the rate of Customs duty that applies.
Typically, if your name is listed on the AWB, you’ll only need a copy of the Air Waybill and photo ID. You don’t need any customs documentation as the airlines utilise the same ICS (Custom’s Integrated Cargo System) as ourselves, hence they will already know that your AWB is customs cleared.
If your collecting the cargo on behalf of another entity (company or individual) then you’ll also need a letter of authority from that entity for you to collect the goods on their behalf.
The airline bonds differ in their requirements for 3rd party collections (e.g. some will accept a business card to link you to a company listed on the AWB, others will not), hence we always recommend you call the bond (whose contact details are provided to you in our release emails) prior to arrival to ensure your documentation meets their requirements for 3rd party release.