EXCISE REGULATIONS 1925 (REPEALED)

Reg 52G repealed by SLI No 58 of 2006, reg 3 and Sch 1 item 2, effective 22 March 2006. Reg 52G formerly read:

REGULATION 52G AMOUNT OF REMISSION , REBATE OR REFUND FOR CERTAIN PETROLEUM PRODUCTS  
52G(1)
The amount of remission, rebate or refund of excise duty on a petroleum product, having the characteristics specified in subregulation 50(4A) , in the circumstances referred to in paragraph 50(1)(y) is the amount worked out using the formula:

volume × (primary rate − secondary rate),

where:

volume means the volume, in litres, of the petroleum product.

primary rate means the rate of duty applicable to goods described in Schedule 1 to the Excise Tariff Proposal No 1 (2003) as diesel having a sulphur content not exceeding 50 parts per million (other than a recycled product on which Customs or Excise duty has been paid, recovered by a process not being a process of refining).

secondary rate means the rate of excise duty applicable to goods classified to subparagraph 11(B)(2)(b) in that Schedule .

 View history note

 Hide history note

History

Reg 52G(1) amended by SR No 203 of 2003, reg 3 and Sch 1 item 4, by substituting the definition of ``primary rate'', effective 1 July 2003. The definition formerly read:

primary rate means the rate of excise duty applicable to goods classified to subparagraph 11 (C) (2) (a) in the Schedule to the Excise Tariff Act 1921 .

Reg 52G(1) amended by SR No 180 of 2003, reg 3 and Sch 1 item 15, by omitting ``or (z)'' after ``paragraph 50(1)(y)'', effective 1 July 2003. The amendment does not apply in relation to an application for refund of Excise duty under regulation 52 of the Excise Regulations 1925 for any fuel, fuel oil or petroleum product purchased before 1 July 2003.

52G(2)
For the purposes of calculating the amount of any rebate or refund under subregulation (1), the amount of the rebate or refund is based on the primary rate and the secondary rate applicable:

(a) at the date on which the petroleum product was entered for home consumption; or

(b) if the date referred to in paragraph (a) is not known, at the date on which the petroleum product was purchased by the applicant for the rebate or the refund.

[ CCH Note: Reg 52G is omitted by SR No 180 of 2003, reg 3 and Sch 2 item 9, effective 1 February 2004. The amendment does not apply in relation to an application for remission of Excise duty under regulation 52 of the Excise Regulations 1925 for any fuel, fuel oil or petroleum product purchased before 1 February 2004.]