• The Australian National Audit Office (ANAO) has released its report on Customs' Administration of the Tariff Concession System (TCS). The ANAO made three recommendations aimed at building greater awareness of the TCS, improving the transparency and accountability of the Tariff Concession Order (TCO) decision-making process and better supporting the delivery and oversight of compliance activities directed at managing the risk of TCO misuse.
  • Customs has released the exposure draft of the Customs Regulation 2015. The draft regulations propose to remake the Customs Regulations 1926, which are due to sunset on 1 April 2015. The exposure draft proposes changes to the Regulations to significantly improve their operation, including repealing redundant provisions, simplifying language, restructuring provisions that are difficult to navigate, and making other minor changes. Submissions close midnight 25 February 2015. See the Explanatory Statement for further details.