New excise duty rates for alcohol from 1 July 2016
12.00am 03 June 2016
The annual adjustment to the excise and excise-equivalent duty rates on alcoholic beverages will take place on 1 July 2016.
The annual adjustment is based on movements in the consumer prices index less credit services subgroup over the 12-month period to 31 March 2016.
The new rates are those set out in the Excise and Excise-equivalent Duties Table (Alcoholic Beverages Indexation) Amendment Order 2016.
The rates are summarised as:
|
Current excise rate to 30 June 2016 |
New excise rate (GST excl.) from 1 July 2016 |
|---|---|
| 42.472 cents per litre of beverage | 42.650 cents per litre of beverage |
| $28.320 per litre of alcohol | $28.438 per litre of alcohol |
| $2.2655 per litre of beverage | $2.2750 per litre of beverage |
| $2.8320 per litre of beverage | $2.8438 per litre of beverage |
| $51.579 per litre of alcohol | $51.795 per litre of alcohol |
Alcohol products removed from a licensed manufacturing area or imported after midnight on 30 June 2016 will be subject to the new rates.
For further information see the Types of duties, fees & charges section, or please contact Customs on
- 0800 428 786 (0800 4 CUSTOMS).