This order cancels a tax break for specialised industrial cooling equipment used in aluminium production.
What it does:
- Revokes (cancels) Tariff Concession Order 0702582, which previously allowed duty-free importation of specific equipment
- From 27 July 2011, importers must pay standard customs duties (import taxes) on this equipment
Who is affected:
- Companies importing interstage precipitation coolers for alumina plants (facilities that refine bauxite into aluminium oxide)
- Goods classified under tariff code 8419.89.90
Why it matters:
This removes a financial advantage for importers of this specific industrial equipment. The government typically revokes these concessions when Australian manufacturers demonstrate they can produce equivalent goods locally at competitive prices, effectively protecting domestic industry from cheaper imports.