Good news for importer

I've just come back from a quick meeting with ACS and FedEx and their Customers regarding the:
Customs has announced that the formal import entry thresholds for air and sea has been increased to $1000. To read the Australian Customs Notice (ACN) 2005/57 regarding the formal import entry and revenue collection thresholds in the ICS. Pls. visit the following link:
http://www.customs.gov.au/webdata/resources/notices/ACN0557.pdf
So, any purchase or imported goods from overseas less than AU$1000.00 including shipping and handling does not require a Customs Entry Form and no GST payable. The old value was $250.00 and required an Entry Customs Form.
Customs has announced that the formal import entry thresholds for air and sea has been increased to $1000. To read the Australian Customs Notice (ACN) 2005/57 regarding the formal import entry and revenue collection thresholds in the ICS. Pls. visit the following link:
http://www.customs.gov.au/webdata/resources/notices/ACN0557.pdf
So, any purchase or imported goods from overseas less than AU$1000.00 including shipping and handling does not require a Customs Entry Form and no GST payable. The old value was $250.00 and required an Entry Customs Form.