Bills Digest No. 168 2002-03
Customs Tariff Amendment Bill (No. 2) 2003
WARNING:
This Digest was prepared for debate. It reflects the legislation as introduced
and does not canvass subsequent amendments. This Digest does not have
any official legal status. Other sources should be consulted to determine
the subsequent official status of the Bill.
CONTENTS
Passage History
Purpose
Background
Main Provisions
Contact Officer & Copyright Details
Passage History
Customs
Tariff Amendment Bill (No. 2) 2003
Date
Introduced: 29 May 2003
House: House of Representatives
Portfolio: Justice and Customs
Commencement: 18 September
2002
To impose customs duty on fuel ethanol—ethanol blended
with petrol—at the same rate as the excise on fuel ethanol and petrol.
Background
Background to the Bill
can be found in the Bills Digest to the companion Bill:
the Excise Tariff Amendment Bill (No. 1) 2003. The latter imposes excise
on fuel ethanol at the same rate as excise on unleaded petrol, now 38.143
cent a litre. Customs duty is imposed at the same rate as excise duty
to ensure that neither domestic production nor imports is favoured. Rather,
domestic production is subsidised by a grant of 38.143 cents a litre.
Schedule 3 of the Customs
Tariff Act 1995 deals with the classification of goods and general
and special rates of duty. Subheading
2207.20.00 relates to ‘ethyl alcohol and other spirits, denatured, of
any strength’. Item 1 of Schedule 1 repeals this subheading and
substitutes three new subheadings:
·
2207.20 replicates the wording of 2207.20.00
·
2207.20.10 refers to ‘ethanol for use as fuel in an internal combustion
engine’, and
·
2207.20.90 refers to ‘other’.
The effect is to identify ethanol separately. The new
customs duty on ethanol is the general rate of five per cent plus 38.143
cents a litre.
Richard Webb
5 June 2003
Bills Digest Service
Information and Research Services
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ISSN 1328-8091
© Commonwealth of Australia 2003
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Published by the Department of the Parliamentary Library, 2003.
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