Summary of Alterations - Customs Tariff Proposal (No. 1) 2018
- Chamber
- House of Representatives
- Parl No.
- 45
- Date
- 07 Feb 2018
- Type
- Customs
- Summary
- SUMMARY OF ALTERATIONS CUSTOMS TARIFF PROPOSAL (No. 1) 2018 Reasons for changes: & Read more
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Summary
SUMMARY OF ALTERATIONS CUSTOMS TARIFF PROPOSAL (No. 1) 2018 Reasons for changes: To eliminate the customs duty rates for certain goods in Schedule 8. Date of effect: 20 September 2017 Alterations to the Customs Tariff Act 1995 The Australian Government agreed to eliminate customs duty rates on certain pesticides and herbicides imported from Indonesia. These changes will be implemented through Schedule 8 of the Customs Tariff Act 1995 which provides for preferential rates of customs duty for Association of South East Asian Nations - Australia - New Zealand Free Trade Agreement (AANZFTA) originating goods. If there is no rate legislated for a tariff subheadings in Schedule 8 then the customs duty rate for relevant goods is ‘Free’. Customs Tariff Proposal (No. 1) 2018 will repeal the table items from Schedule 8 outlined below, resulting in a ‘Free’ rate of customs duty for goods classified to these subheadings that meet the AANZFTA origin requirements. Schedule 8 table item Schedule 3 tariff subheading 123 3808.52.90 123A 3808.59.90 123B 3808.61.90 123C 3808.62.90 123D 3808.69.90 124 3808.91.90 125 3808.93.00 The rate of ‘Free’ will apply from 20 September 2017.
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