This order cancels a previous tax exemption (called a tariff concession) for importing specific industrial equipment used in zinc casting plants.
What it does:
- Revokes Tariff Concession Order 0603546, which previously allowed duty-free import of certain zinc casting plant equipment
- The affected goods include furnaces, feed chutes, launders, pumps, ladles, moulds, and other components used in zinc casting operations (classified under tariff code 8454.30.00)
- The cancellation takes effect from 27 July 2011
Who it affects:
- Importers of zinc casting plant equipment
- Companies importing furnaces, casters, moulds, and related industrial machinery for zinc processing
Why it matters:
- After this date, importers must pay customs duties (import taxes) on this equipment, whereas previously it entered Australia duty-free
- This increases the cost of importing this specific industrial machinery into Australia