Government assistance schemes have been created to assist and encourage businesses and industries in the production, export, manufacturing and tourism industries. The main purpose of these schemes as summarized below is to support qualifying projects including tourism and manufacturing, agro processing, commercial poultry and other industries by providing one off duty concessions on approved goods or materials that are required at the early stage of these developments.
DUTY CONCESION SCHEME (DCS)
This Scheme is aimed to assist exporters within the Manufacturing Industry as well as property developers (hotels, motels and beach resorts) within the Tourism Industry. Its purpose is to assist through importation of materials on a duty free basis under the Provision of the Customs Amendment Act 2007 (Section 163A) and the Customs (Tourism and Manufacturing) Amendment Regulation 2014 .
This scheme is to further develop domestic businesses including: Commercial Poultry Farmers, Commercial Manufacturers of Agricultural Products, Commercial Handicraft Manufacturers and Commercial Elei Garment Manufacturers by exempting duty from 8% to 0% for imported raw materials and particular materials imported by businesses approved under the Customs Tariff Amendment Act 2008. A completed application form must be submitted with required information to our office for analysis.