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Papua New Guinea Sessional Legislation |
PAPUA NEW GUINEA
Customs Tariff (2024 Budget) (Amendment) Act 2023
No. 22 of 2023
Certified on: 16 JAN 2024
ARRANGEMENT OF SECTIONS.
1. Rates of Import Duty (Amendment of Schedule 1).
2. Rates of Export (Amendment of Schedule 2).
AN ACT
entitled
Customs Tariff (2024 Budget) (Amendment) Act 2023,
Being an Act to amend the Customs Tariff Act 1990,
MADE by the National Parliament to come into operation on 1 January 2024.
1. RATES OF IMPORT DUTY (AMENDMENT OF SCHEDULE 1).
Schedule 1 of the Principal Act is amended by repealing the tariff item, description of goods and the rates of customs duty and remarks shown in the following and replacing them with the tariff item, description of goods and rates of customs duty and remarks shown below:
| Tariff Item HS Code | Tariff Item HS Description | Duty Rate from 1/01/2024 | Remarks |
| 3401.20.10 | Soap Noodles | Free | New Subheadings and Rates |
| 3401.20.90 | Other | 20% | |
| 6305.32.00 | Flexible intermediate bulk containers | Free | New rate |
| 4819.50.00 | Other packing containers, including record sleeves | Free | New rate |
| 0203.29.10 | Boneless meat for manufacturing | Free | New Subheadings and Rates |
| 0203.29.90 | Other | 15% | |
| 1517.90.20 | Shortening for manufacturing | Free | New Subheading and Rate |
| 3401.10.10 | Organic Surface-Active Products and Preparations | 20% | Deleted |
| 3401.10.20 | Laundry Soap | 20% | Deleted |
| 3401.10.30 | Shaving Soap | 20% | Deleted |
| 3401.20.00 | Soap in other forms | 20% | Deleted |
| 3401.11.10 | Bath Soap | 20% | Renumbering and new Subheadings |
| 3401.11.90 | Other, including Wipes | 20% | |
| 3401.19.10 | Laundry Soap | 20% | |
| 3401.19.20 | Shaving Soap | 20% | |
| 3401.19.90 | Other | 20% | |
| 2202.9911 | Chocolate and Yoghurt Drinks | Free | Renumbering codes |
| 2202.99.12 | Milk drinks, UHT processed in retail sales packages | Free | |
| 2202.99.19 | Other, Milk Drinks | K3.00/L | Renumbering of National Subheading |
| 2202.99.90 | Other | 10% | New Subheading |
| 2710.19.90 | Other | Free | New Subheading |
| 3923.50.10 | Caps used for beverages and the likes | Free | Goods Description |
| 7326.20.10 | Mattress Inner Spring | Free | New Subheadings |
| 7326.20.90 | Other | Free |
"
2. RATES OF EXPORT (AMENDMENT OF SCHEDULE 2).
Schedule 2 of the Principal Act is amended by repealing the tariff item, description of goods shown in the following and replacing
them with the tariff item and description of goods and remarks shown below:
"
| TARIFF ITEM | CLASS OF GOODS | RATE | REMARKS |
| 44.03 | Timber logs and poles in the rough, whether or not stripped of bark or sapwood, or roughly squared (ie, not downstream processed eg,
sawn timber), of all species (other than balsa, blackbean, cordia, ebony, rosewood, teak and all conifers the export of all of which
is banned). | As per the table below | Plantation Logs are exempted from the Export duty. |
| | Thresholds (FOB Price, US$/m3) Duty Rates (US$/m3) From and Above $0.00 P*0.2500 From and Above $60.00 P*0.4893-3.56 From and Above $100.00 P*0.5585-4.76 From and Above $150.00 P*0.5791-12.36 From and Above $200.00 P*0.5884-16.36 | ||
"
I hereby certify that the above is a fair print of the Customs Tariff (2024 Budget) (Amendment) Act 2023 which has been made by the National Parliament.
Clerk of the Parliament
16 JAN 2024
I hereby certify that the Customs Tariff (2024 Budget) (Amendment) Act 2023 was made by the National Parliament on 1 December 2023.
Acting Speaker of the National Parliament
16 JAN 2024
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URL: http://www.paclii.org/pg/legis/num_act/ct2024ba2023311
