Summary

2022 The Parliament of the Commonwealth of Australia HOUSE OF REPRESENTATIVES Customs Tariff Proposal (No. 5) 2022 Motion to be moved 1. That the Customs Tariff Act 1995 be altered as set out in the Schedule to this Proposal and that the alteration operates starting on 1 July 2022 and applies in relation to: (a) goods imported into Australia on or after 1 July 2022; and (b) goods imported into Australia before 1 July 2022, where the time for working out the rate of import duty on the goods had not occurred before 1 July 2022. Schedule —Alterations to the Customs Tariff Act 1995 1 Schedule 3 (Chapter 87, after Additional Note 5) Insert: 6.- For the purposes of 8703.60.12, 8703.70.12, 8703.80.12 and 8703.90.12, the “fuel-efficient car limit” for goods means the fuel-efficient car limit (within the meaning of the A New Tax System (Luxury Car Tax) Act 1999 ) for the financial year in which the time for working out the rate of import duty on the goods occurs. 2 Schedule 3 (Chapter 87, Additional Notes 6 to 8) Renumber as Additional Notes 7 to 9. 3 Schedule 3 (after subheading 8703.60.11) Insert: 8703.60.12 ----Goods, NSA, with a value less than the fuel-efficient car limit for the goods as defined in Additional Note 6 to this Chapter Free