What this does: This order cancels a previous import tax break (called a 'tariff concession') for a specific type of synthetic yarn.
Who it affects: Businesses importing yarn made from polyamide (synthetic fibres like nylon) combined with polypropylene plastic, classified under customs code 5607.50.00.
The change: Importers could previously bring this yarn into Australia duty-free or at a reduced rate under 'Tariff Concession Order 0801914' (granted 11 April 2008). This revocation means standard import duties now apply from 2 May 2008 onwards.
Why it matters: If you import this specific technical yarn, your import costs will increase because the favourable tariff treatment no longer applies.