Australian Duty Rate Clothing and Finished Textiles is Scheduled to be reduced in January 2015

In June of 2004, Australian House of Representatives introduced The Customs Tariff Amendment (Textile, Clothing and Footwear Post-2005 Arrangements) Bill 2004.

The scheduled reductions resulted in the general rate of customs duty applicable to all Textiles, Clothing, and Footwear (TCF) goods (with the exception of clothing and finished textiles) being lowered to 5 per cent on 1 January 2010. The clothing and finished textiles were only reduced to 10 percent from 17.5 at the time.

On 1 January 2015, the general rate for clothing and finished textiles will be lowered to 5 percent as well.

This has been excerpted from the 6 October 2014 issue of CustomsInfo and is available in its entirety at:
http://www.customsinfo.com/Industry-Blog/bid/202163/Australian-General-Duty-Rate-for-Clothing-to-be-Reduced