This order allows businesses to import tanks used in alumina processing plants without paying customs duty (or at a reduced rate).
What it covers:
- Specific industrial parts: tanks for alumina processing facilities
- Classified under customs tariff code 7309.00.00
- Falls under Schedule 4, Item 50 of the Customs Tariff
Who benefits:
Companies operating alumina refineries or processing plants who need to import these tanks from overseas.
Why it matters:
It lowers costs for the mining and refining industry by removing import tariffs on essential processing infrastructure. The concession took effect on 9 December 2005 and remains active until revoked.