Impact Publications : Aircargo_239
AirCArgo AsiA-PACifiC • OCT-NOV 2015 • Page 11 Import charges need to have separate GST calculations NZ Customs reports it has recently received a number of enquiries from brokers about the rounding method used to calculate GST on the import entry transaction fee and the biosecurity system levy for import entries. The agency points out that GST is calculated separately on the fee and levy and combining the two charges and then calculating GST results in a small rounding error. “Customs collects the biosecurity levy on MPI’s behalf and as Customs and MPI are separate entities for tax purposes Customs must collect and account for the GST on the fees separately. “GST on the fees is therefore rounded separately. There has been no change to how Customs has accounted for and reported on the fees and GST in broker statements since the changes to the biosecurity levy in July 2015.” Beluga XL closer to build date THE AIRBUS project to launch a new fleet of bigger and more advanced Beluga freighters has passed a key milestone in its development and is now on countdown to a likely start in final assembly some time in 2017. This maturity gate, normal for any new-build project, is into the detailed design phase. “ We are proud of how much we have accomplished less than a year after the launch of the program and the new and innovative way of working with our suppliers,” said project head Bertrand George. “By working together as a fully-integrated team in a single location we have maximised our efficiency.” The XL venture was launched late last year to address transport capacity requirements for the A350 XWB ramp-up and other series production rate increases. The aircraft – five are planned – are based on the A332 freighter with a large re-use of existing components and equipment. First of the fleet is likely to be commissioned in 2019.