- Description
- Specifications
To encourage the development of the Australian space industry, the Commonwealth government has legislated to provide concessional entry for certain goods imported for use in space projects.
On 27 June 2001, Item 41 was inserted in Schedule 4 to the Customs Tariff Act 1995 (the Tariff Act). Item 41 enables the duty-free entry of certain goods imported into Australia for use in authorised space projects, provided specific conditions are met. The concession became effective on 1 August 2001.
Item 41 covers:
Goods, as prescribed by by-law, which are for use in a space project authorised by the Minister administering the Space Activities Act 1998.
While Item 41 may confer a concession for customs duties, it does not affect other obligations to pay taxes and charges.
This paper gives an overview of the Space Concession Program and has been written under the following headings:
- Introduction
- Objectives
- Access To Item 41 Concession
- Australian Customs And Border Protection Service Requirements
- Stage 1 - Space Project Authorisation
- Eligibility Criteria
- Other Key Considerations
- Applicant Details, Project Description and Other Information
- Australian Industry Participation Plan
- Contractors, Sub-Contractors and Technology Providers
- Notification of Space Project Authorisation
- Stage 2 - Eligible Goods Application
- Identification of Eligible Goods
- Eligiblity Criteria
- Item 41 Determinations
- Effective Period of Item 41 Determinations
- Item 41 Application Procedures
- Submitting Applications
- Incompleted Applications
- Compliance and Audit
- Review Process
- Professional Advice