What this does: This order gives importers a tax break (called a tariff concession) on a chemical called Butyl Glycol (also known as 2-butoxyethanol, commonly used in paints, cleaners, and degreasers).
Who it affects: Businesses importing Butyl Glycol that falls under customs tariff code 2909.43.00.
What it means: The order applies Item 50 from Part III of Schedule 4 to the Customs Tariff Act 1995 to these goods. In practical terms, this means the chemical can enter Australia without paying import duty (or at a significantly reduced rate), provided it meets the classification description.
When it applies: The concession took effect on 11 July 2005 and remains in force until it is formally revoked under the Customs Act.