Bills Digest 109 1995-96
Customs Tariff Amendment Bill (No. 1) 1996
WARNING:
This Digest is prepared for debate. It reflects the legislation as introduced
and does not canvass subsequent amendments.
This Digest was available from 27 June 1996
CONTENTS
Date Introduced: 30 May 1996
House: House of Representatives
Portfolio: Industry, Science and Tourism
Commencement: By Proclamation at a time after the Customs Tariff
(Miscellaneous Amendments) Bill 1996 commences. Where this Bill does not
commence within six months of the day it receives Royal Assent, it will
be taken to have commenced the day after that period.
The major amendments increase by 3% the rate of duty on imports of certain
goods subject to concessional entry under Tariff Concession Orders and
By-Laws.
Refer to the Digest for the Customs Amendment Bill 1996.
Item 1 of Schedule 1 repeals item 11 of Schedule 4. Item 11 of
Schedule 4 imposes a rate of duty of 5% on imports of Tariff Concession
declared goods subject to an agreement between Australia and Canada.
Item 2 of Schedule 1 increases from "free" to 3% the
rate of duty on imports of Tariff Concession declared goods the identity
of which has not been altered since the date the goods were exported from
Australia for repair and re-imported. The rate of duty applicable to such
goods is currently "free".
Item 3 of Schedule 1 increases from "free" to 3% the
rate of duty on imports of goods prescribed by-law which are machinery
that incorporates, or is imported with other goods which make the machinery
ineligible for a Tariff Concession Order.
Item 4 of Schedule 1 amends item 50 of Schedule 4 of the Principal
Act by increasing from "free" to 3% the rate of duty on imports
of goods that a Tariff Concession Order declares are goods to which item
50 applies. The Explanatory Memorandum to the Bill states that item 50
relates to goods for which no substitute goods are produced in Australia.
Item 5 of Schedule 1 increases from "free" to 3% the
rate of duty on imports of machinery tools and parts used for working
advanced materials and prescribed by by-law.
Item 6 of Schedule 1 increases from "free" to 3% the
rate of duty on imports of certain raw materials and intermediate goods
prescribed by by-law which are ineligible for a Tariff Concession Order
and in the opinion of the Minister have a substantial and demonstrable
performance advantage in the production of a specific end product over
substitutable goods produced in Australia.
Item 7 of Schedule 1 increases from "free" to 3% the
rate of duty on imports of certain metal materials and goods ineligible
for a Tariff Concession Order and in the opinion of the Minister have
a substantial and demonstrable performance advantage in the production
of a specific end product over substitutable goods produced in Australia.
Chris Field Ph. 06 2772439
Ian Ireland Ph. 06 277 2438
26 June 1996
Bills Digest Service
Parliamentary Research Service
This Digest does not have any official legal status. Other sources should
be consulted to determine whether the Bill has been enacted and, if so,
whether the subsequent Act reflects further amendments.
PRS staff are available to discuss the paper's contents with Senators
and Members and their staff but not with members of the public.
ISSN 1323-9032
© Commonwealth of Australia 1996
Except to the extent of the uses permitted under the Copyright Act
1968, no part of this publication may be reproduced or transmitted
in any form or by any means, including information storage and retrieval
systems, without the prior written consent of the Parliamentary Library,
other than by Members of the Australian Parliament in the course of their
official duties.
Published by the Department of the Parliamentary Library, 1996.
This page was prepared by the Parliamentary
Library, Commonwealth of Australia
Last updated: 26 June 1996
|