What this does: This order gives importers a tariff concession (meaning reduced or zero customs duty) on specific imported steel cylinders.
Who it affects: Businesses importing electric resistance welded steel cylinders classified under tariff code 7306.20.00.
How it works: Under Australia's customs laws, if a product isn't made locally (or no equivalent exists in Australia), the government can issue a Tariff Concession Order to reduce import costs. This order declares that these specific steel cylinders qualify for the concession under Item 50 of Schedule 4 to the Customs Tariff.
Key details:
- Goods covered: Steel cylinders made by electric resistance welding
- Benefit: Duty reduction/concession on import
- Duration: Effective from 25 July 2005 until revoked or replaced