Notification of Value Added Tax (VAT) 1/8/2013

Dear Customers,

Please note that the below message has been sent to shippers and consignees by Sinotrans Container Line. VAT is only applicable to charges paid in China. Charges paid in Australia are exempt from VAT.

Kind Regards
Sinotrans Integrated Logistics
Customer Service Department

Notification of Value Added Tax (VAT)

Dear Customers,

In accordance with the new circular 37 of Cai Shui (2013) with effect from 1st August 2013 and in order to ensure your good company's benefit, the following decision is made by our company through the careful research and discussion on the relevant freight/charges payable by the customers on behalf of your good company.

  • Import freight and its relating chargesOur settlement deadline is set on "30th July 2013". For all the import freight and its relating charges paid by the import customers before 30th July 2013 (including 30th July 2013), it will be settled according to the original tariff.
  • Export freight and its relating charges

    An additional 6-7% of value added tax and its related taxes arising from VAT will be levied on top of all charges payable at People's Republic of China (PRC) from 1st August 2013 (invoice issuance date).
  • Demurrage Charges Our settlement deadline is set on "30th July 2013". For all the import and export demurrage settled before this deadline, it will be settled before this deadline, it will be settled according to the original tariff.
  • We would like to announce that;
    After the above mentioned deadlines listed in item A-C, an additional 6% of value-added tax and its related taxes arising from VAT will be levied from the customers on the basis of each due charge.
  • Port Dues Since 1st August 2013, for all the non VAT invoices incurred from the port dues paid on behalf of the shipping company, we'll transmit the original invoices or an additional 6% of value added tax and its related taxes arising from VAT will be levied from the shipping company.
    In case that the shipping company has released its own notification on VAT, such notification shall prevail.We will closely concern on the latest news from the ministry of Finance (MOF) and the State Administration of Taxation (SAT) of PRC and timely keep your good company informed of any major developments on this subject. We really appreciate your kind understanding and support to us. Should there be any further questions, please feel free to contact us PIC as follows:Mr. Guan Shiyun, Finance Department manager of Sinoagent,
    TEL: 63757398  or 63757000*6409
    Ms. Helen He, Customer service department manager of Sinoagent
    TEL: 63757195 or 63757000*5615

 

 

 

 

 

 

by SilaAdmin

Side Loader Fee Introduced by DP World & Patricks

Dear Valued Clients,

Please be advised that DP World and Patricks have introduced a Side Loader Fee, per truck, per visit to the Botany Terminal and their intention is to recover this fee from the road carriers (Truck Operators).

Like most road Carriers, Sinotrans Integrated Logistics is not in a position to absorb this fee and as such it will be passed on directly  to our clients in correlation with DP World and Patricks commencement dates. Please note this fee is passed on at cost.

The Side Loader Fees to be charged, excluding GST, are as follows:

Sinotrans Integrated Logistics would like to advise that from 1st June 2013, Load On and Load Off (LOLO) charges will be applicable to all containers being transferred from or to a Side Loader at Port Botany Terminal.

by SilaAdmin

Heavy Lift & Project Magazine January / February 2013 Edition - Analysis China.

For the past 20 years the business mantra has been "We want to do business with China" . To view full article DOWNLOAD PDF

by SilaAdmin

Customs announce further investigation into alleged dumping

The Australian newspaper of February 12 carried an advisement from the Australian Customs and Border Protection Service ("Customs") announcing the commencement of an investigation into the alleged dumping of hot rolled plate steel from China, Indonesia, Japan, and Taiwan together with an investigation into alleged subsidisation of hot rolled plate steel exported to Australia from China.

According to the notice, the goods subject to the application are flat rolled products of:

  • iron;
  • non-alloy steel;
  • non-heat treated alloy steel of a kind commonly referred to as Quench and Tempered ("Q&T") Green Feed; and
  • of a width greater than 600 millimetres with a thickness equal to or greater than 4.75 millimetres not further worked than hot rolled, not in coils with or without patterns in relief.

Goods excluded from the investigation are:

  • 250 megapascal (MPa) yield strength grades of plate steel with a thickness greater than 150 millimetres;
  • 350 MPa yield strength grades of plate steel with a thickness greater than 100 millimetres;
  • Q&T Green Feed grades of plate steel with a thickness of greater than 105 millimetres; and
  • heat treated Q&T grades of plate steel.

The goods are classified to the following tariff subheadings in Schedule 3 of the Customs Tariff Act 1955 being;

  • 7208.40.00 (statistical code 39);
  • 7208.51.00 (statistical code 40);
  • 7208.52.00 (statistical code 41); and
  • 7225.40.00 (statistical codes 22 and 24).

As many would be aware, there have been a number of investigations regarding the alleged dumping or subsidisation of goods of steel products from Asia including Hollow Steel Sections, Hot Rolled Coil Steel and various types of Galvanised Steel. Again as with recent investigations, the applicant is BlueScope Steel Limited.

Should you wish to discuss further please don’t hesitate to contact us.

by SilaAdmin