What this does: This order gives importers a break on customs duties (taxes) for a specific chemical product.
Who it affects: Businesses importing Monobutyl Diethylene Glycol Ethers (a chemical used in solvents and industrial applications, classified under tariff code 2909.43.00).
What changes: These goods can now be imported under Item 50 of Schedule 4 to the Customs Tariff Act 1995. This typically means reduced or zero customs duty compared to the standard rate.
When it applies: From 2 March 2007 onwards, until the order is revoked or replaced.
Why it matters: It lowers the cost of importing this specific chemical for Australian businesses that use it in manufacturing or other processes.