What this does
This document creates a Tariff Concession Order (TCO) — a customs duty exemption for a specific imported chemical.
Who and what it affects
The order applies to 2,2'-Oxydiethanol (commonly known as diethylene glycol), a chemical used in products like antifreeze, resins, and solvents. The goods must fall under customs tariff code 2909.41.00 when imported.
What it means for importers
Businesses importing this chemical can have it classified under Item 50 of Part III of Schedule 4 to the Customs Tariff Act 1995. This typically means paying zero customs duty (or a significantly reduced rate) rather than the standard tariff.
When it applies
The concession took effect on 30 October 2008 and remains in force until it is formally revoked or a specific end date is set.