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5368.0 - International Trade in Goods and Services, Australia, May 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/07/2012   
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CHANGES IN THIS AND FORTHCOMING ISSUES


CHANGES IN THIS ISSUE


AMENDMENTS TO EXISTING CUSTOMS TARIFF CODE CORRESPONDENCES AND FREE STANDING DESCRIPTORS

Some changes have been made to Customs tariff correspondences and free standing descriptors. These correct some errors in the data published in the Information paper: Changes to AHECC and Customs Tariff, 2012 (cat. no. 5368.0.55.017) released on 8 December 2011.

The following are the correct correspondences for the Customs tariff 2012 codes 3919100059, 3919100061, 5801371021 and 5801379023. The correct correspondences for these codes are:

Customs Tariff 2011
Customs Tariff 2012

3919100056
3919100059
3919100076
3919100059
3919100072
3919100061
3919100073
3919100061
3919100074
3919100061
5801351039
5801371021
5801340015
5801379023
5801359040
5801379023


Free standing descriptors for the Customs tariff codes 4412390023, 4412390024 and 8528720040 have also been amended.

These changes do not impact on statistics in this publication but will be reflected in detailed data released in other products.


AN IMPROVEMENT TO THE SEASONAL ADJUSTMENT METHODOLOGY FOR GOOD CREDITS AT CURRENT PRICES

An improvement to the seasonal adjustment methodology for goods credits at current prices has been introduced from July 1971 to June 1977. Previously goods credits were available only at the aggregate level on a monthly basis, while lower level data was available in the quarterly publication Balance of Payments and International Investment Position, Australia (cat. no. 5302.0). From this issue, data at the aggregate level has been assigned to lower level components to align with the quarterly publication. Total goods credits, in original terms, will be unaffected by these changes.


CHANGES IN FORTHCOMING ISSUES


AUSTRALIAN CUSTOMS TARIFF CODES FOR 1 JULY 2012

On 1 July 2012 there will be changes to statistical codes under subheadings 0406.40.10, 8443.31.00, 8443.32.00, 8471.30.00, 8471.60.00 and 8528.72.00 in the Customs tariff. Revised Customs Tariff Working Pages will be issued shortly.

A list of the new codes and correspondences to their previous codes can be found on the Australian Customs and Border Protection Notice No. 2012/31 which was released on 25 June 2012. The notice can be found on the Australian Customs and Border Protection website www.customs.gov.au. From the menu select media, publications and forms and then customs notices, then select the link Australian Customs Notices and follow the link 2012/31. Alternatively you can access this notice directly through the following link http://www.customs.gov.au/notices/acn/default.asp.

The Department of Agriculture, Fisheries and Forestry has requested separate statistical codes for Roquefort and Stilton cheeses in Chapter 4 to support existing food inspection requirements.

The changes to the statistical codes for Chapters 84 and 85 facilitate the clearer identification of multifunction devices, laptops / other portable computers, scanners and televisions and will assist in the administration of the National Television and Computer Recycling Scheme (Product Stewardship (Televisions and Computers) Regulations 2011 refer). The Department of Sustainability, Environment, Water, Population and Communities is responsible for providing regulatory oversight of the Scheme.


AUSTRALIAN HARMONIZED EXPORT COMMODITY CLASSIFICATION (AHECC) CODES FOR 1 JULY 2012

The ABS implements minor updates to the statistical codes of the AHECC on 1 January and 1 July each year. There are no changes to AHECC codes for 1 July 2012.


CHANGES TO RELEASE DATE OF OCTOBER 2012 ISSUE

The forthcoming October 2012 issue of International Trade in Goods and Services, Australia (cat. no. 5368.0) has been re-scheduled from the previously advertised date of Thursday, 6 December 2012 to Friday, 7 December 2012.


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