Summary
Part of a package of four bills to re-introduce the biannual indexation of fuel excise and excise-equivalent fuel duties, the bill amends the Customs Tariff Act 1995 to index the rate of excise-equivalent customs duty applying to imported fuels, including gaseous fuels, in line with Consumer Price Index movements; and the Customs Tariff Amendment (Taxation of Alternative Fuels) Act 2011 to make consequential amendments.