This order reduces or eliminates the import tax (customs duty) on specific spare parts for large observation wheels (Ferris wheels).
What it covers:
The concession applies to three types of parts classified under tariff code 9508.90.00:
- Spindles (the central rotating shafts)
- Hubs (the central connecting components)
- Cabins (the passenger cars), but only if they seat 20 or more people
Who it affects:
Businesses importing these specific amusement ride components benefit from lower costs when bringing them into Australia.
How it works:
The order declares these goods eligible for Schedule 4, Item 50 of the Customs Tariff Act 1995. This classification typically allows the goods to enter Australia duty-free or at a reduced tax rate. The concession took effect on 12 February 2007 and remains active until formally cancelled.