This Tariff Concession Order (TCO 0516607) treats specific parts for walking beam furnaces—drive shaft couplings, pinion couplings and drive shaft extensions—as goods eligible under Schedule 4, item 50 of the Customs Tariff Act 1995. It took effect 25 Nov 2005 and remains in force until revoked.
It directly affects importers and manufacturers of those parts by changing how customs duty applies to them; the delegate of the Chief Executive Officer issues and may revoke the order under the Customs Act 1901, shifting import duty costs and compliance obligations for affected goods.