What this does: This order cancels a previous tax break (called a tariff concession) that allowed certain imported industrial equipment to enter Australia at a lower customs duty rate.
What goods are affected: Rotary heat exchangers — specifically those with discs, a shaft, and a stationary drum, classified under customs code 8419.89.90.
Who it affects: Importers of this specific equipment. From 20 October 2010, they could no longer claim the reduced duty rate and had to pay the standard import tariffs instead.
Why it matters: This increases the cost of importing these heat exchangers (used in industrial heating/ventilation systems), potentially affecting businesses that rely on this equipment.