This order cancels a previous tariff concession for a specific building material called Oriented Strand Board (a type of engineered wood panel made from compressed strands of timber).
Under the Customs Act, the government had previously granted concession order TC 1026114, which allowed importers to pay reduced customs duty (or no duty) on this product when importing it under tariff classification 4410.12.00. This revocation cancels that concession, meaning importers must now pay the standard tariff rate.
Key points:
- Affected product: Oriented Strand Board (tariff code 4410.12.00)
- Effect: The concession is cancelled from 15 September 2010
- Impact: Businesses importing this product lose their duty exemption or discount