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Elements and Performance Criteria

1. Assess applicability of indirect taxes to goods, commodities and transactions
   • Applicability of indirect taxes to goods and commodities is analysed and documented
   • Allowable exemptions and specialised schemes relating to indirect taxes are researched for applicability to specific commodities and/or transactions
   • Allowable exemptions are applied to goods and commodities in accordance with relevant legislation
   • Accuracy of assessments is checked and verified
2. Calculate indirect taxes
   • Correct rate of indirect tax on goods and services is identified and applied in accordance with legislative requirements
   • Relevant information such as overseas freight and insurances is obtained as required
   • Data is input into software application systems for indirect tax calculation
3. Document indirect tax assessments
   • Indirect tax assessment results are recorded on appropriate documentation in accordance with legislative requirements
   • Rates and amounts of indirect taxes payable are checked for accuracy and are verified in accordance with workplace procedures
   • Completed documentation is stored, retained and provided to clients and other relevant personnel as required in accordance with current Australian Customs Act and relevant legislation and workplace procedures

Range Statement

Range is restricted to essential operating conditions and any other variables essential to the work environment.

Non-essential conditions can be found in the Companion Volume Implementation Guide.

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Performance Evidence

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria on at least one occasion and include:

calculating indirect taxes accurately completing documentation related to work activities accurately communicating and liaising effectively with others when applying goods and services tax (GST) and other indirect tax legislation as part of customs broking activities determining applicability of GST and determining other indirect taxes documenting indirect tax assessments identifying and interpreting: luxury car tax (LCT) problems that may occur when applying indirect taxes and appropriate action that can be taken to resolve these identified problems non-taxable importations rules wine equalisation tax (WET) rules reading and interpreting: indirect tax schedules instructions, procedures and information relevant to applying indirect tax legislation, as they relate to customs broking activities.

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Knowledge Evidence

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria and include knowledge of:

applicable legislation and regulations: A New Tax System (Goods and Services Tax) Act 1999, customs and other indirect tax legislation as they relate to implementing indirect tax legislation as part of customs broking activities current Australian Customs Act and related legislation export/import/quarantine/bond requirements other indirect taxation legislation basic operation of the GST system calculations of GST on taxable importations delivered duty paid (DDP) transactions and impact on GST documentation and/or software system requirements for applying GST and other indirect tax legislation as they relate to customs broking activities key features of GST legislation GST: accounting requirements collection and remittance input-taxed supplies registration process system overview GST-free goods and supplies impact of GST on: customs functions importers and exporters non-taxable importation roles and responsibilities of relevant Australian Government departments such as customs and taxation, as they relate to GST scope and operation of GST deferral scheme sources of information to identify GST-free goods and exemption codes sources of information on new developments in GST legislation as they relate to customs broking activities special rules for GST requirements transport and insurance costs attracting GST.

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