SUMMARY OF ALTERATIONS

CUSTOMS TARIFF PROPOSAL (No. 2) 2024

Reasons for changes: To extend for a further twenty-four months, the temporary reduction of duty on goods that are the produce or manufacture of Ukraine.

Date of effect: 4 July 2024

Alterations to the Customs Tariff Act 1995

Section 18B of the Customs Tariff Act 1995 (Customs Tariff Act) provides for the application of a reduced rate of customs duty to goods that are the produce or manufacture of Ukraine and are imported during the period of twenty‑four months, commencing on 4 July 2022. The rate of duty that applies to goods classified to tariff subheadings under chapters 22, 24, 27, 29, 34 or 38 of Schedule 3 to the Customs Tariff Act is the rate of customs duty that applies in relation to Developing Countries, and a duty rate of ‘Free’ applies to all other goods.

The alteration proposed repeals and substitutes paragraph 18B(1)(b) such that it applies in respect of relevant goods that are imported into Australia during the period beginning on 4 July 2022 and ending at the end of 3 July 2026. The effect of the alteration proposed is to extend the period of time within which goods that are the produce or manufacture of Ukraine can be imported to be eligible for concessional treatment.

The amendments were first made by Notice of Intention to Propose Customs Tariff Alteration (No. 2) 2024. The amendments apply from 4 July 2024.