Summary
Introduced with the Customs Amendment (Singapore-Australia Free Trade Agreement Amendment Implementation) Bill 2017 to give effect to Australia’s obligations under new chapters of the Singapore-Australia Free Trade Agreement, the bill amends the
Customs Tariff Act 1995
to: provide duty-free access for most eligible Singaporean originating goods; maintain customs duty rates for certain Singaporean originating goods; provide for excise-equivalent rates of duty on certain alcohol, tobacco and petroleum products; and repeal after three years provisions in the Act that provide for excise-equivalent rates of duty on certain alcohol, tobacco, fuel and petroleum products.