This order cancels (revokes) 11 specific tariff concessions that previously allowed certain imported goods to enter Australia duty-free or at reduced customs rates.
What it does:
- Removes the concessional (duty-free) status for goods covered by Tariff Concession Orders numbered: 0506118, 0507315, 0602954, 0603731, 0607260, 0612376, 0613413, 0618148, 0719055, 0720624, and 0801636
- Importers of these goods must now pay standard customs tariffs
Who it affects:
- Businesses importing these specific goods (who will face higher costs)
- Australian manufacturers competing with these imports (who gain protection from cheaper overseas goods)
Timing:
The cancellation took effect from 12 August 2010, even though the order was signed on 16 August 2010 (a retrospective application).