ATO: Excise duty rates for fuel and petroleum products

Effective August 2nd 2021, there will be a change in the excise calculation, as requested by the Australian Tax Office. To better represent the actual blend of Gasoline from 42.7 to 43.3 and Diesel from 42.7 to 43.30 and for the E10 product, the excise calculation will change from 14.0 to 14.20 and B100 product the excise calculation will change from 8.50 to 8.70.

For the full detail please click on this link.

 

Create your account