What this does: This order allows wall mountings for LCD or plasma televisions and monitors to be imported into Australia without paying customs duty (tariff).
Who it affects:
- Importers: Companies importing TV wall brackets classified under customs code 8302.41.00 can claim a duty exemption.
- Consumers: Potentially lower retail prices for TV mounting hardware.
- Local manufacturers: The order assumes no Australian manufacturer currently produces substitutable goods (this is the legal basis for the concession).
Why it matters: Under Australia's Tariff Concession Order (TCO) system, specific goods enter duty-free if there's no local industry making equivalent products. This instrument specifically covers wall mountings for flat-screen TVs and monitors, effective from 14 November 2007.