This order gives a customs duty discount (or exemption) to companies importing silos used in paper manufacturing.
Under Australian law, imported goods usually attract taxes (customs duties). However, this order declares that silos classified under tariff code 8439.99.00 qualify for a special concession under Item 50 of Schedule 4 to the Customs Tariff Act 1995.
Who benefits? Paper mills and manufacturers importing storage silos for their production lines.
What changes? These silos can enter Australia without paying standard import duties (or at a reduced rate), lowering costs for the local paper industry.
How long? The concession took effect on 16 June 2006 and remains in force until revoked.