Product classification of phenolic formaldehyde moulding powders dictates they attract the higher concessional duty rate. The Department, relying on the Chief Chemist, treats phenolic formaldehyde moulding powders and phenolic formaldehyde resins as distinct primary resin forms; the term 'resins' is limited to resol and novolak types and does not include moulding powders, which must therefore be classified and charged at the higher concessional ad valorem rate for moulding powders, with pending assessments finalised accordingly.
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Provisions expressly mentioned in the judgment/order text.
Product classification of phenolic formaldehyde moulding powders dictates they attract the higher concessional duty rate.
The Department, relying on the Chief Chemist, treats phenolic formaldehyde moulding powders and phenolic formaldehyde resins as distinct primary resin forms; the term 'resins' is limited to resol and novolak types and does not include moulding powders, which must therefore be classified and charged at the higher concessional ad valorem rate for moulding powders, with pending assessments finalised accordingly.
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