This document gives importers a tax break on specific industrial equipment. It allows glass cutters and breakers (machines used to cut and break glass) to be imported into Australia under a special customs tariff concession.
What it means:
- Who it affects: Businesses importing glass cutting and breaking machines classified under tariff code 8464.90.90.
- What it does: These goods can be imported under Item 50 of Schedule 4 to the Customs Tariff Act 1995. This usually means paying reduced or no customs duty (import tax) compared to the standard rate.
- When it applies: From 4 October 2005 onwards, until revoked or a specific end date is set.
In simple terms, if you're bringing glass cutting machinery into Australia, this order means you might not have to pay the usual import taxes, making the equipment cheaper to bring into the country.