Summary
Introduced with the Customs Amendment (China-Australia Free Trade Agreement Implementation) Bill 2015 to give effect to Australia’s obligations under Chapter 3 of the China-Australia Free Trade Agreement, the bill amends the
Customs Tariff Act 1995
to: provide free rates of customs duty for most goods that are Chinese originating goods; maintain customs duty rates for certain Chinese originating goods; phase the preferential rates of customs duty for certain China originating goods to zero by the fifth year of phasing; and provide for the preferential and phasing rates of duty and maintain excise-equivalent rates of duty on certain alcohol, tobacco and petroleum products.