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  • Section H: Excise liability details

    Question 26

    Describe how you will assess the excise liability on the goods stored.

    You can establish the quantity of fuel products on which excise is liable in the following ways:

    • Delivery by meter – when delivery occurs through bulk filling meters, you assess the duty according to the quantity measured on the totaliser of the meter for each delivery and correct as per your periodic settlement permission.
    • Other deliveries – in all other cases, you assess the dutiable quantity by physical measurement of the contents with the quantity being converted to its notional volumetric equivalent as per your periodic settlement permission.

    The Commissioner of Taxation has released two determinations under section 65 of the Excise Act 1901 that provide rules for working out the excisable volume of fuel – refer to:

    Question 27

    If you will be responsible for paying the excise duty or lodging excise returns when the goods are entered for home consumption, answer ‘Yes’ to this question and then choose one of the two options:

    • Periodic payment – if you would prefer to pay excise duty and lodge excise returns on a periodic basis after the goods have been delivered for home consumption – this is usually on a weekly basis.
    • Payment prior to clearance – if you prefer to pay excise duty and lodge excise returns before the delivery of the goods for home consumption.

    If you're not responsible for paying the excise duty or lodging excise returns, answer ‘No’ and provide details of the person or entity who is responsible. If an individual is responsible, complete question (a), if an entity is responsible, complete question (b).

    We will only contact those nominated here for more information about the payment of excise duty. We will not contact them about other aspects of your application.

    Question 28

    If you're eligible for the small business entity concession, indicate whether you're applying for weekly or monthly settlement of your liability.

    If you're ineligible for the small business entity concession, you must choose weekly.

    Question 29

    Indicate the day you would like to lodge your weekly excise return and pay excise duty.

    Question 30

    We recommend you obtain commercial insurance which includes an amount to cover any excise duty payable in the event of theft or loss of your excisable products.

    If you're unable to account for products on which excise duty has not been paid, you must pay an amount equal to the excise duty payable on that product. For example, we consider products stolen from your premises as unaccounted for.

    Question 31

    Indicate whether you will make supplies of LPG or LNG for transport or non-transport use.

    An automatic remission of excise duty applies to LPG or LNG that is used or supplied for non-transport use only.

    See also:

    Last modified: 28 Apr 2021QC 16934