This order gives a customs duty exemption (tax break) for importing specific industrial floor-finishing machines into Australia.
What it covers:
Computer-controlled (programmable logic controlled) grinding and polishing machines used for terrazzo and concrete floors.
What it means:
Businesses importing these specific machines can bring them into Australia without paying import duty under a special concession in the customs tariff schedule. This reduces costs for construction companies, flooring contractors, and equipment hire businesses that need to buy these machines from overseas.
Key details:
- Applies to machines classified under customs tariff code 8464.20.90
- Operates under Item 50 of the concessional tariff schedule
- Remains in force until revoked or replaced