This Tariff Concession Order (TCO) allows businesses to import specific machinery parts without paying standard customs duty.
What it covers
- Goods: Gears specifically designed for conveyor drives
- Tariff classification: 8431.39.00 (under the Customs Tariff Act 1995)
- Concession item: Schedule 4, Item 50
Who it affects
Importers bringing conveyor drive gears into Australia for manufacturing, mining, or logistics operations.
Key details
- Effective date: 1 June 2006
- Duration: Remains in force until revoked under sections 269SC or 269SD of the Customs Act 1901
- Legal basis: Made under section 269P of the Customs Act 1901
Why this matters
This reduces import costs for businesses using conveyor systems by allowing these gears to enter Australia under concessional (typically duty-free) rates rather than standard tariffs.