This order removes a special import duty exemption (tariff concession) for specific high-grade steel bars used in manufacturing and engineering.
What it does
- Revokes Tariff Concession Order 9404552, which previously allowed certain steel bars to enter Australia duty-free
- Affects only steel bars classified under tariff code 7228.60.10 meeting exact technical criteria: grade 8620H (modified), sulphur content 0.015%–0.05%, diameter 45–75mm, and specific hardness ratings (HRC values)
Who it affects
- Importers of these specific steel bars (typically used in automotive, machinery, and engineering applications)
- Businesses must now pay standard customs duties on these goods rather than importing them duty-free
Why it matters
- Increases import costs for manufacturers relying on these specific steel products
- The revocation typically indicates that Australian industry can now competitively supply these goods locally, or that the original concession no longer serves its intended purpose