Tax Bulletin 1 February 1999

Federal Parliament 1999 Autumn sittings - legislation proposed

The following Bills are proposed for introduction in the Autumn sittings of Parliament - the House of Representatives resumes on Monday 8 February.

(Bills marked * are proposed for introduction and passage in the Autumn sittings)

Customs / Excise / EMDG

Customs Tariff Amendment (ACIS Implementation) Bill reduce the rates of Customs duty on passenger motor vehicles and certain related componentry from 1 January 2005 facilitate the establishment of the Automotive Competitiveness and Investment Scheme which will replace the Passenger Motor Vehicle Manufacturing Plan on 1 January 2001.

Customs Tariff Amendment Bill (No. 1) reduce rates of customs duty on textile, clothing and footwear goods from 1 January 2005.