Enhanced Project By-Law Scheme (EPBS)
Major projects, major savings
If you’re undertaking a project worth more than $10 million, chances are you’ll import goods and pay customs duty.
Under the EPBS, you could obtain customs duty concessions and save up to 5% of the cost of imported capital equipment.
What's the opportunity?
- You're purchasing goods for your project overseas, because no-one makes them in Australia
- You will pay customs duty for goods you import directly, or it will be embedded in the price you pay to local suppliers
- An EPBS duty concession provides all importers of goods (not just the project proponent) with customs duty relief for all goods imported for that project
- Our specialist team can help you prepare all the necessary documentation to meet the requirements of the EPBS concession.
Deloitte insights | 2 pages