Summary
Introduced with the Customs Amendment (Japan-Australia Economic Partnership Agreement Implementation) Bill 2014, the bill amends the
Customs Tariff Act 1995
to implement the Japan-Australia Economic Partnership Agreement by: providing free rates of customs duty for goods that are Japanese originating goods; maintaining customs duty rates for certain Japanese originating goods; phasing the preferential rates of customs duty for certain goods to free by 2021; and providing for the preferential and phasing rates of duty and maintaining excise-equivalent rates of duty on certain alcohol, tobacco and petroleum products.