Although there is no official commencement date, the The China / Australia Free Trade Agreement (FTA) is predicted to come into force by the end of 2015.
Almost all qualifying products from China will become duty free at the time the FTA commences.
Textile, Clothing and Footwear products – however are a notable exception.
As of January 1st 2015 the general of duty rate on TCF products from China was reduced to 5%.
The proposed rate of duty for TCF products upon implementation of the FTA is currently set at 8%.
Doesn’t make much sense but……
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