What this does: This order cancels a special lower import tax rate (tariff concession) for sulphuric acid production plants. Previously, businesses could import this equipment under "Tariff Concession Order 0504709" (made in 2005) at a reduced customs duty rate. This order revokes that benefit.
Who it affects: Companies importing sulphuric acid production equipment, specifically complete plants that include components such as sulphur hoppers, melters, furnaces, filters, lime silos, and acid cooling towers (classified under tariff code 8419.89.90).
When it takes effect: The revocation applies from 27 July 2011. The last day to import under the old cheaper rate was 26 July 2011.
Why it matters: Importers of sulphuric acid production plants must now pay standard customs duties instead of the concessional rate, likely increasing costs for businesses in chemical manufacturing or mining sectors that rely on this equipment.