What this does: This order cancels a previous tariff concession that allowed specific chemical products to be imported into Australia without paying standard customs duty (or at a reduced rate).
What is affected: The revocation applies to copolymers of vinylversatate-vinylacetate (a chemical compound used in industrial applications), classified under customs tariff code 3905.91.00. These are described as spray-dried white powders capable of being dispersed in water.
What it means: From 28 March 2007, importers of these specific chemicals must pay full customs duties. The previous duty exemption (Tariff Concession Order 9601825, originally granted in 1996) no longer applies to these goods.
Why it matters: This increases import costs for businesses bringing these specific polymers into Australia, likely affecting manufacturers who use these chemicals as raw materials.