What this does
This order allows Australian businesses to import specific manufacturing equipment for woodcare products (such as wood stains, sealers, or preservatives) without paying customs duty, or at a reduced (concessional) rate.
Equipment covered
The concession applies to industrial plant comprising:
- Tanks
- Pumps
- Agitators
- Packers
To qualify, these items must be classified under customs tariff code 8474.90.00.
Who it affects
Importers of manufacturing plant specifically used for producing woodcare products.
Key details
- Operates under Item 50 of Schedule 4 to the Customs Tariff Act 1995 (the list of duty concessions)
- Effective from 18 November 2005
- Remains in force until revoked under sections 269SC or 269SD of the Customs Act 1901