This order gives Australian manufacturers a tax break on imported industrial parts.
Specifically, it allows businesses to import certain parts for pickle line tanks (large containers used in steel manufacturing to clean metal with acid) at a reduced or zero customs duty rate. The covered parts include:
- Tank segments
- Covers
- Lids
These parts fall under tariff classification 8419.90.90 and qualify for concession under Schedule 4, Item 50 of the Customs Tariff Act 1995.
Who it affects: Australian steel manufacturers and metal processing businesses that import these specialised components.
Why it matters: It lowers production costs for domestic manufacturers when locally-made alternatives for these specific industrial parts aren't available. The order took effect on 29 December 2005 and remains valid until revoked.