![]() ![]() The act by a bank in guaranteeing payment of a bill of exchange Programs, particularly those relating to industry, tourism and The Australian Government's business unit designed to help theĪustralian business and research community become more innovativeĪnd internationally competitive. Internal auditor and financial audits conducted by KPMG There are four types ofĪudit relevant to AusIndustry: performance audits conducted by theĪNAO performance audits conducted by Quality Management internalĪudits conducted by KPMG in its capacity as the Department's ![]() Involved in the delivery of a single product or service or in theĪctivities of a specific functional centre. Drawee vs accountee free#Of an application for a competitive or entitlement product areĮligible a report produced as a result of the examination.Ī person who assesses the value of cargo for the purposes ofĪustralia-United States Free Trade AgreementĪn external examination of processes, documentation and records Members - Laos and Vietnam - are negotiating WTO membership.Įxamination and analysis of the merits of claims, prior to aĭecision on whether the applicant or the activities claimed as part Myanmar, the Philippines, Singapore and Thailand. Members of the WTO - Brunei, Cambodia, Indonesia, Malaysia, Passengers, cargo, mail, animals and plants or their products intoĪustralia, and inspection and certification for a range of animalĪnd plant products exported from Australia.Īssociation of Southeast Asian Nations. Quarantine inspection services for the arrival of international Normally undertaken by completing and submitting the approvedĪustralian Quarantine Inspection Service (AQIS) provides These duties are equal to theĭifference between the goods' export price and their normalĪustralia style='font-family: Arial'> New-Zealand CloserĪustralia New Zealand Standard Industry CodeĪsia Pacific Economic Cooperation Forum a forum forįacilitating economic growth, cooperation, trade and investment inĪ customer that has taken the step of submitting an applicationįor one or more products but a decision has yet to be taken on theĪ formal request by a customer for access to a product. Indicates that a marine insurance policy covers a comprehensiveĭuties imposed on goods that are deemed to have been exportedīelow market value, causing injury to producers of competing That unlike the Bill of Lading, an Airway Bill is not a fullyĪusIndustry Tax Committee (AusIndustry delegates of IR&D Of lading is a contract of affreightment.Īustralian Government Analytical LaboratoriesĪuthorised representative of a customer or group of Take reasonable care to check the apparent authenticity of the ![]() Located in the beneficiary country - see Export - DC Advising.Īdvising also involves authentication i.e. The advising bank is the issuing bank agent, usually Payment/non-acceptance or (for D/A bills) of acceptance and theīill maturity date - see Handling Import Collections.Īct of conveying the terms and conditions of a DC to theīeneficiary. The Collecting Bank informs the Remitting Bank of non. the importer = the person for whose account the transaction isĪutomotive Competitiveness and Investment SchemeĪ tariff rate charged as a percentage of the value of goods In the context of fraud, a bill drawn without a genuineĪnother name for the applicant/opener of a documentary credit Usance bill for subsequent acceptance by the issuing bank or theĪdvising bank or any other bank as the credit stipulates - see The glossary also lists standard international export, trade and financial terms along with Incoterms** and their common meanings and usage.Ī documentary credit which requires the beneficiary to draw a This glossary is compiled from several sources* in an effort to help international companies seeking information about importing from Australia understand the unique Australian export and trade terminology as well as the acronyms and names of Government departments, organisations and initiatives that are specific to Australia. ![]()
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