This Tariff Concession Order, made under s269P of the Customs Act 1901, declares certain polyamide multifilament yarns (with spun polypropylene or polypropylene monofilament) subject to item 50 in Part III of Schedule 4 to the Customs Tariff Act 1995, effective 19 Sep 2007. Mechanically, it creates a tariff concession for those imported goods until revoked.
Who pays: importers benefit from lower customs costs and the Commonwealth forgoes tariff revenue. The order was made by a delegated officer (Wendy Knowles). Importers must correctly classify goods under tariff code 5607.50.00.