Bill
Customs Tariff Amendment (Regional Comprehensive Economic Partnership Agreement Implementation) Bill 2021
passed, as at 2021-10-25. Home Affairs portfolio.
- Sponsor
- Not recorded
- Portfolio
- Home Affairs
Recorded stages
- introduced — 2021-09-01
- second reading — 2021-09-01
- second reading — 2021-10-19
- second reading — 2021-10-20
- third reading — 2021-10-20
- introduced — 2021-10-20
- second reading — 2021-10-20
- second reading — 2021-10-21
- second reading — 2021-10-21
- committee — 2021-10-21
- third reading — 2021-10-21
- passed — 2021-10-21
- royal assent — 2021-10-25
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2021-09-01.
This bill would change the Customs Tariff Act to put the Regional Comprehensive Economic Partnership Agreement into effect.
Goods that meet the new rules of origin would get a 'Free' customs duty rate, with some goods listed in a new schedule having rates that reduce to zero over up to 19 years.
The bill would also keep excise-equivalent duties on certain alcohol, tobacco and petroleum products and maintain concessional rates for some goods.
- Provides a 'Free' rate of customs duty for RCEP originating goods from the Agreement's entry into force for Australia.
- Inserts a new Schedule 14 that sets phasing rates for certain goods, reducing to 'Free' by the 19th calendar year after entry into force.
- Maintains customs duty rates on certain alcohol, tobacco and petroleum products equal to excise duty on locally made equivalents.
- Amends Schedule 4 to keep customs duty rates for certain RCEP originating goods under concessional items.
Importers of goods from parties to the Regional Comprehensive Economic Partnership Agreement.
Sources
em
billhome
frl act