Manufacturers are advised they can object to any application for a new TCO. In addition, manufacturers can seek to revoke a TCO at any time. Open in a new tab Open in this tab.
Page Image. The theory is to encourage consumers to be more inclined to purchase locally manufactured goods, rather than the imported version. This would lead to the imported products being comparatively more expensive, hence furthering the appeal of the Australian Manufacturing Industry. Despite this, there are legal mechanisms in place that assist import businesses, through the elimination of Customs Duty, which reduces the landed costs of goods.
These mechanisms are specified within the 12 Schedules of the Customs Tariff, which forms part of the Australian Customs Tariff Act The Tariff Concession System enables the duty-free entry of imported goods which are not able to be locally manufactured or produced within Australia. Since its inception, the scope has changed considerably. This case is an example of the complexities involved in the tariff concession process and a timely reminder of the comprehensive inquiries required to satisfy Customs that all reasonable efforts have been made by the importer that there is no Australian producer of substitutable goods.
If you have any questions or need any support with enquiries by Customs in respect of imported goods, please do not hesitate to contact Kristie Schubert and Jacqueline McGrath.
Important Disclaimer: The material contained in this publication is of general nature only and is based on the law as of the date of publication. What happened in Alstom? What does this mean for importers? A description that is too broad increases the risk that substitutable goods are produced in Australia.
Please contact a team member if you would like to discuss. This publication is for information only and is not legal advice.
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