This order cancels a previous tax break (called a tariff concession) that allowed specific industrial gearboxes to be imported without paying full customs duty.
What it does:
- Revokes Tariff Concession Order 0717218, which previously covered gearboxes used in surface aerators for wastewater treatment plants
- Affects goods classified under customs code 8483.40.90
- The cancellation takes effect from 27 July 2011
Who it affects:
- Importers of gearboxes for wastewater treatment equipment
- Businesses that previously relied on this concession to reduce import costs
Why it matters:
- These importers must now pay standard customs duty rates on these gearboxes, potentially increasing costs
- The government uses these revocations when local industry no longer needs protection from imports (or when the concession criteria are no longer met)