This order cancels a previous tax break (tariff concession) for importing large industrial valves.
What it does:
- Revokes Tariff Concession Order 0941410 (made on 5 March 2010), with effect from 10 March 2010
- Targets specific goods: Bypass gate valves with flanged ends, 600mm diameter or larger (classified under customs code 8481.80.90)
- Practical effect: Importers of these valves must now pay customs duty (import tax) that was previously waived under the cancelled concession
Who it affects:
Businesses importing large bypass gate valves—typically used in water, gas, or oil pipeline infrastructure—where the valve diameter is 600mm or more.
Why it matters:
If you import these specific valves, your costs increase because the duty exemption has been removed. This is a technical administrative change under the Customs Act 1901 that returns these goods to standard tariff treatment.