This order gives importers a customs duty break on specialised machinery used to recycle tyres.
What it does:
It declares that complete tyre recycling plants—specifically those containing all six of the following components—qualify for a tariff concession under Item 50 of Schedule 4 to the Customs Tariff Act 1995:
- Chopper
- Rasper
- Granulator
- Classifier
- Aspirator
- Stoner
Who it affects:
Businesses importing tyre recycling equipment classified under tariff code 8477.80.00 (machinery for working rubber or plastics).
Why it matters:
By applying Item 50, this order reduces or eliminates the import duty payable on this equipment, making it cheaper to bring environmentally beneficial recycling technology into Australia. The concession took effect on 11 May 2005 and remains in force until revoked.