What this is: A Tariff Concession Order that allows specific industrial cables to be imported into Australia without paying customs duty (duty-free).
What it covers: Electric and telemetric "downhole" cables (used in drilling operations for oil, gas or mining) that meet both of these physical requirements:
- Built with metal tubes; and
- Containing at least 7 conductors (internal wires).
Who it affects: Importers of specialised drilling equipment, particularly companies in the resources sector importing cables classified under customs tariff code 8544.59.00.
Why it matters: The order grants these specific cables concessional entry under Item 50 of Schedule 4 to the Customs Tariff Act 1995, reducing import costs for heavy industry. The concession took effect on 22 September 2006 and remains valid until revoked.