Question 1

What is the import duty rate for Jewellery & Precious Metals in Australia?

Accepted Answer

The MFN (Most Favoured Nation) import duty rate for Jewellery & Precious Metals (HS 7113 / 7114) in Australia is 5% on the FOB value. HS 7113. MFN 5%.

Question 2

Is GST charged on Jewellery & Precious Metals imports to Australia?

Accepted Answer

Yes. Australia charges GST at 10% on the FOB value plus any import duty. This applies to virtually all commercial imports.

Question 3

Are there FTA rates available for Jewellery & Precious Metals in Australia?

Accepted Answer

Yes. AUSFTA: 0%. AUSFTA (US), CPTPP, ChAFTA (China), KAFTA (Korea), AANZFTA (ASEAN), JAEPA (Japan), UK–Australia FTA, IAA FTA (India) are the key agreements — verify origin requirements with your customs broker.

Question 4

How is import duty calculated for Jewellery & Precious Metals entering Australia?

Accepted Answer

Duty is calculated on the FOB value of the goods. FOB value is the transaction value at the port of export. The MFN duty of 5% is applied to this value. GST (10%) is then applied on the FOB value plus duty.

Australia Import Duty Rate for Jewellery & Precious Metals

How duty is calculated

Verify this rate

Jewellery & Precious Metals duty rates in other markets