This order gives a tax break (customs duty reduction or exemption) to businesses importing specific industrial parts used in plastic manufacturing.
What it covers:
- Moulds and preform handlers (robotic arms or mechanisms that handle plastic preforms)
- These parts must be used in preform injection moulders (machines that make plastic bottle preforms)
- The goods fall under tariff code 8477.90.90
What it means:
Normally, importing these parts would attract customs duty. Under this order, they can be imported under Schedule 4, Item 50 of the Customs Tariff, which typically means duty-free entry or a significantly reduced rate. This makes it cheaper for Australian manufacturers to import replacement or upgrade parts for their injection moulding equipment.
Duration:
The concession took effect on 6 September 2006 and remains in force until it is formally revoked or replaced.