Customs Act 1901

This Division enables a reconciliation of interim duty, and final duty, payable under the Dumping Duty Act. The Division permits an importer who has paid interim duty on particular goods to apply, within specified time limits, for an assessment of duty payable on those goods. In particular, the Division provides that:

• if the duty is less than the interim duty, the excess is to be refunded;

• if the duty is more than the interim duty, the interim duty is treated as duty and the balance waived;

• if the importer fails, within the time limits available, to seek an assessment of duty, the interim duty paid on the goods is taken to be duty actually payable.