This order grants a tariff concession (reduced or zero customs duty) for specific transmission repair kits imported into Australia.
What it covers:
Overhaul or rebuild kits for transmissions (gearboxes), classified under customs code 8485.90.00. To qualify, a kit must contain all four of these components:
- Bearings
- Oil seals
- Snap rings
- Gaskets
What this means:
Importers of these specific kits can apply for concessional customs duty treatment under Item 50 of the Customs Tariff Act 1995, rather than paying the standard import duty rate.
Who it affects:
Businesses importing transmission rebuild kits, typically in the automotive or heavy machinery repair sectors.
When it applies:
The concession took effect on 5 August 2005 and remains in force indefinitely until revoked.