Nick Housego: You get quite used to it. like doing your BAS statements. Once you get through those okay. It’s – got a question here. I’ve Q: If we brought in printed material such as a paper or booklet or notebooks not intended for sale, only for company staff use and not for distribution, sometimes the value is more than $1,000, do we need to provide the same due diligence process? Neil Garbutt: Nick, answer that one. probably something we should have touched on earlier, but we I’ll It’s products, if already printed, such as books, manuscripts, manuals, that sort didn’t. Printed they’re of stuff, they fall under a separate set of tariff codes that regulated. So when aren’t you’re importing printed materials you have to do due diligence. If importing the raw don’t you’re materials, paper, to then turn into printed materials, you do have to do due diligence because it falls under our regulated tariff code. Nick Housego: Emma? Emma Hatcher: I guess just to add, I think the element of that question was also about if looking to import you’re a product for internal use or internal company use. The ultimate destination or use of the product really matter. If regulated or not regulated is the key element there. So if doesn’t it’s you’re looking just to do it as part of your internal business, then that is still going to be subject to due diligence if a regulated product. it’s Nick Housego: Okay. got a question here. very open ended. I’ve It’s Q: What is the start date for this? Margie Eddington: So the laws have been active for the last five years, and you have been required to comply with them for that period. However as we mentioned, they just went out of soft start on the 1st of January 2018, so this year, and we are now penalising people for non-compliance with the due diligence requirements of the laws.
Nick Housego: You get quite used to it. It’s like doing your BAS statements. Once you get through those – okay. I’ve got a question here. Q: If we brought in printed material such as a paper or booklet or notebooks not intended for sale, only for company staff use and not for distribution, sometimes the value is more than $1,000, do we need to provide the same due diligence process? Neil Garbutt: Nick, I’ll answer that one. It’s probably something we should have touched on earlier, but we didn’t. Printed products, if they’re already printed, such as books, manuscripts, manuals, that sort of stuff, they fall under a separate set of tariff codes that aren’t regulated. So when you’re importing printed materials you don’t have to do due diligence. If you’re importing the raw materials, paper, to then turn into printed materials, you do have to do due diligence because it falls under our regulated tariff code. Nick Housego: Emma? Emma Hatcher: I guess just to add, I think the element of that question was also about if you’re looking to import a product for internal use or internal company use. The ultimate destination or use of the product doesn’t really matter. If it’s regulated or not regulated is the key element there. So if you’re looking just to do it as part of your internal business, then that is still going to be subject to due diligence if it’s a regulated product. Nick Housego: Okay. I’ve got a question here. It’s very open ended. Q: What is the start date for this? Margie Eddington: So the laws have been active for the last five years, and you have been required to comply with them for that period. However as we mentioned, they just went out of soft start on the 1st of January 2018, so this year, and we are now penalising people for non-compliance with the due diligence requirements of the laws.
webinar-1-transcript.docx