What this does: This order gives importers a customs duty break (tariff concession) on a specific type of industrial equipment used in manufacturing.
What goods are covered: Vacuum tubing formers — parts used in machines that shape plastic or rubber using vacuum pressure. To qualify, the equipment must have a seal flange diameter of 2,000 mm or less.
The benefit: Goods meeting this description (tariff code 8477.40.00) can be imported under Item 50 of Schedule 4 to the Customs Tariff Act 1995, which typically means they enter Australia duty-free or at a reduced tax rate compared to standard import tariffs.
Who it affects: Businesses importing vacuum forming equipment for manufacturing purposes.
Duration: Effective from 2 February 2007 until revoked by the relevant authorities.