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