This order gives importers a tariff concession (reduced or zero customs duty) on specific electrical equipment.
What it covers:
Power transformers with a power rating between 12 MVA and 200 MVA (megavolt-amperes, a measure of electrical capacity). These fall under customs classification code 8504.23.00.
What it means:
Businesses importing these large transformers can apply for concessionary treatment under Item 50 of Schedule 4 to the Customs Tariff Act 1995. This typically means paying no customs duty, provided no Australian manufacturer makes substitutable goods.
When it applies:
From 12 September 2008 onwards, and it stays in force until formally revoked.