What this does: This is a Tariff Concession Order (TCO) — essentially a duty-free permit for specific imported goods. It allows Australian businesses to bring in certain industrial parts without paying customs duty (or at a concessional rate).
What goods are covered: Parts for solvent extraction plants, specifically:
- Tanks
- Settlers
- Agitators and/or mixers
These fall under customs classification 8479.90.00 (machinery for industrial processes).
Why it matters: Solvent extraction is a process used heavily in mining (like copper or uranium extraction) and chemical manufacturing. This order reduces costs for Australian industries that rely on this specialized heavy equipment by making replacement parts cheaper to import.
Key details:
- Effective date: 3 April 2008
- Legal basis: Made under the Customs Act 1901 by a delegate of the CEO (Australian Border Force)
- Duration: Continues indefinitely unless revoked