This order gives businesses a break on import duties (customs tariffs) for a very specific piece of industrial equipment.
What it covers:
- Cooling tubes with tangential fins used in Basic Oxygen Steelmaking (BOS) plants — equipment used in steel manufacturing
- Classified under customs code 8419.90.00
What it means:
If you import these specific cooling tubes, you can use tariff concession item 50 instead of paying standard import duties. This makes the equipment cheaper to bring into Australia for steel manufacturers.
When it applies:
The concession took effect on 3 March 2008 and remains in force until revoked.