Summary
Introduced with the Customs Amendment (Comprehensive and Progressive Agreement for Trans-Pacific Partnership Implementation) Bill 2018 to implement Australia’s obligations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the bill amends the Customs Tariff Act 1995 to: provide preferential rates of customs duty for all goods, excluding excise-equivalent goods, that are Trans-Pacific Partnership originating goods; provide for excise-equivalent rates of duty on certain alcohol, tobacco and fuel products; and maintain customs duty rates for certain Trans-Pacific Partnership originating goods.