What this is: A Tariff Concession Order (TCO) — an official declaration that reduces or eliminates customs duty on specific imported goods.
What it does: Allows glass coasters (classified under tariff code 7013.39.00) to be imported into Australia under concession Item 50 of Schedule 4 to the Customs Tariff Act 1995. This means importers of these coasters pay less or no customs duty compared to the standard rate.
Who it affects: Businesses importing glass coasters into Australia.
Key details:
- Effective date: 5 July 2005
- Legal basis: Made under section 269P of the Customs Act 1901
- Duration: Remains in force until revoked or a specific end date is set
- Product covered: Glass coasters specifically classified under the harmonised tariff code 7013.39.00