This Tariff Concession Order declares that ‘DRIVES, CONVEYOR’ (tariff classification 8483.40.90) are subject to item 50 in Part III of Schedule 4 to the Customs Tariff Act 1995, effective 1 July 2005 until revoked under ss 269SC/269SD. The declaration is made by a CEO delegate under s 269P.
Mechanically, importers who correctly classify these conveyor drives and quote concession TC 0508492 will face reduced or zero customs duty; the Commissioner/CEO (and delegates) decide grant, continuation and revocation, and compliance depends on using the listed classification and concession number.