What this does: This order allows specific electrical components to be imported into Australia without paying the usual customs duty (or at a reduced rate).
The goods covered: Transformer bushings — these are ceramic insulating pieces that let electrical wires pass safely through the metal case of a transformer (essentially preventing short circuits). They are classified under tariff code 8546.20.00.
Who it affects: Companies importing these bushings for electrical infrastructure, manufacturing, or repair work.
How it works: The order places these goods under Item 50 of Schedule 4 to the Customs Tariff Act 1995. This Schedule contains the list of goods that get special duty treatment (concessions).