SUMMARY OF ALTERATIONS

CUSTOMS TARIFF PROPOSAL (No. 3) 2023

Reasons for changes: To extend for a further twelve months the temporary reduction in the rate of customs duty for goods that are the produce or manufacture of Ukraine.

Date of effect: 4 July 2023

Alterations to the Customs Tariff Act 1995

Section 18B of the Customs Tariff Act 1995 (Customs Tariff Act) provides for the application of a reduced rate of customs duty to goods that are the produce or manufacture of Ukraine and are imported during the period of twelve months, commencing on 4 July 2022. The rate of duty that applies to goods classified to tariff subheadings under chapters 22, 24, 27, 29, 34 or 38 of Schedule 3 to the Customs Tariff Act is the rate of customs duty that applies in relation to Developing Countries, and a duty rate of ‘Free’ applies to all other goods.

The alteration proposed repeals and substitutes paragraph 18B(1)(b) such that it applies in respect of relevant goods that are imported into Australia during the period beginning on 4 July 2022 and ending at the end of 3 July 2024. The effect of the alteration proposed is to extend the period of time within which goods that are the produce or manufacture of Ukraine can be imported to be eligible for concessional treatment.

The amendments were first made by Notice of Intention to Propose Customs Tariff Alterations (No. 2) 2023, which was registered on 3 July 2023. The amendments apply from 4 July 2023.