This order removes a tax break (tariff concession) on imported classical and folk guitars.
What it does:
- Revokes (cancels) Tariff Concession Order 0710297, which previously allowed certain guitars to enter Australia without paying the usual import duties (taxes)
- Specifically targets guitars classified under tariff code 9202.90.00, including classical and folk music guitars
- The revocation took effect on 18 September 2007
Who it affects:
- Importers of classical and folk guitars
- Music retailers importing these instruments
- Manufacturers shipping guitars to Australia
Why it matters:
Without this concession, importers must now pay standard customs duties on these guitars, potentially increasing the retail price of imported classical and folk guitars in Australia.