This order gives businesses a discount on import taxes (customs duty) for specific industrial valves.
If you import flow control valves used in steam generation boilers or their auxiliary equipment, and these valves are designed for water or steam only, you may qualify to pay reduced (or zero) duty when bringing them into Australia.
What this covers:
- Goods: Industrial flow control valves falling under tariff code 8481.80.90
- Specific use: Must be for steam generation boilers or associated auxiliary plant
- Restriction: Water valves or steam valves only (not oil, gas, or other fluids)
- Benefit: Concessional duty rate under Schedule 4, Item 50 of the Customs Tariff
This reduces costs for companies importing specialized equipment for power stations, industrial processing plants, or manufacturing facilities that rely on steam systems.