Excise duty rates
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The following tables list fuel and petroleum products and the excise duty rates that apply to them. They are a simplified version of the Schedule to the Excise Tariff Act 1921. Excise rates are expressed per litre, kilolitre or kilogram of product for fuel and petroleum products, including gaseous fuels.
When rates change
The law indexes the excise duty rates for fuel and petroleum products (other than aviation fuels and certain petroleum-based products) twice a year, based on the upward movement of the consumer price index (CPI). The Australian Bureau of Statistics (ABS) is responsible for determining and publishing the CPI on or before the last Wednesday of the month following the relevant quarter. The current schedule of release dates can be found on the ABS websiteExternal Link.
Usually, indexation occurs on 1 February and 1 August. However, when the ABS do not publish the CPI figure at least 5 days before indexation day, under the law, indexation day is effectively pushed back to the fifth day after publication.
As CPI for this quarter will only be published in late January 2024, indexation day is delayed. The table below reflects future release dates and the relevant indexation days.
|
Date of CPI Publication |
Date of CPI Publication + 5 days |
Indexation Day |
|
|---|---|---|---|
|
Wednesday |
31 January 2024 |
5 February 2024 |
5 February 2024 |
|
Wednesday |
31 July 2024 |
5 August 2024 |
5 August 2024 |
|
Wednesday |
29 January 2025 |
3 February 2025 |
3 February 2025 |
The CPI indexation factor for rates from 5 February 2024 is 1.018.
Excise duty rates also increase in July each year for biodiesel.
From 30 March to 28 September 2022, the excise and excise equivalent customs duty rates for petrol, diesel and all other fuel and petroleum-based products (except aviation fuels) temporarily reduced. These rates returned to the full rate on 29 September 2022.
The excise duty rates may also change due to other law changes.
Excise duty rates – fuel
Fuel is everything listed in item 10 (see Table 1), but excludes goods listed in item 15 (Table 2), waxes and bitumen.
Note: In Australia, gasoline is more commonly referred to as petrol.
|
Tariff item |
Description |
From 1 August to 4 February 2024 |
From 5 February 2024 |
|---|---|---|---|
|
10.1 |
Petroleum condensate |
0.488 |
0.496 |
|
10.2 |
Stabilised crude petroleum oil |
0.488 |
0.496 |
|
10.3 |
Topped crude petroleum oil |
0.488 |
0.496 |
|
10.5 |
Gasoline (other than for use as fuel in aircraft) |
0.488 |
0.496 |
|
10.6 |
Gasoline for use as fuel in aircraft |
0.03556 |
0.03556 |
|
10.7 |
Blends of gasoline and ethanol |
The amount of duty worked out under section 6G (using $0.488 per litre at step 3) |
The amount of duty worked out under section 6G (using $0.496 per litre at step 3) |
|
10.10 |
Diesel |
0.488 |
0.496 |
|
10.12 |
Blends of diesel and biodiesel and/or ethanol |
The amount of duty worked out under section 6G (using $0.488 per litre at step 3) |
The amount of duty worked out under section 6G (using $0.496 per litre at step 3) |
|
10.15 |
Heating oil |
0.488 |
0.496 |
|
10.16 |
Kerosene (other than for use as fuel in aircraft) |
0.488 |
0.496 |
|
10.17 |
Kerosene for use as fuel in aircraft |
0.03556 |
0.03556 |
|
10.18 |
Fuel oil |
0.488 |
0.496 |
|
10.19A |
LPG, other than LPG exempted from excise duty by section 77HB of the Excise Act 1901 |
0.159 |
0.162 |
|
10.19B |
LNG, other than LNG exempted from excise duty by section 77HB of the Excise Act 1901 |
0.334 |
0.340 |
|
10.19C |
CNG, other than CNG exempted from excise duty by section 77HA of the Excise Act 1901 |
0.334 |
0.340 |
|
10.20 |
Denatured ethanol for use as fuel in an internal combustion engine (rate worked out under section 6H of the Excise Tariff Act 1921) |
0.160 |
0.163 |
|
10.21 |
Biodiesel (rate worked out under section 6J of the Excise Tariff Act 1921) |
0.130 |
0.132 |
|
10.25 |
Liquid aromatic hydrocarbons consisting principally of benzene, toluene or xylene or mixtures of them (other than goods covered by section 77J of the Excise Act 1901) |
0.488 |
0.496 |
|
10.26 |
Mineral turpentine (other than goods covered by section 77J of the Excise Act 1901) |
0.488 |
0.496 |
|
10.27 |
White spirit (other than goods covered by section 77J of the Excise Act 1901) |
0.488 |
0.496 |
|
10.28 |
Petroleum products (other than blends) not elsewhere included (other than goods covered by section 77J of the Excise Act 1901) |
0.488 |
0.496 |
|
10.30 |
Blends of 1 or more of the above goods (with or without other substances) not elsewhere included that can be used as fuel in an internal combustion engine (other than goods covered by section 77J of the Excise Act 1901) |
The amount of duty worked out under section 6G (using $0.488 per litre at step 3) |
The amount of duty worked out under section 6G (using $0.496 per litre at step 3) |
Excise duty rates – certain petroleum-based products
The following rates are not subject to indexation.
|
Tariff item |
Description |
From 1 July 2023 to 4 February 2024 |
From 5 February 2024 |
|---|---|---|---|
|
15.1 |
Petroleum-based oils that are lubricant / fluid / oil products or their synthetic equivalents but not greases |
0.142 |
0.142 |
|
15.2 |
Petroleum-based oils that are lubricant / fluid / oil products and greases or their synthetic equivalents, recycled for use as oils that are lubricant / fluid / oil products but not greases |
0.142 |
0.142 |
|
15.3 |
Petroleum-based greases and their synthetic equivalents |
0.142 |
0.142 |
|
15.4 |
Petroleum-based oils that are lubricant / fluid / oil products and greases or their synthetic equivalents, recycled for use as greases |
0.142 |
0.142 |
Contact us for more information on calculating excise duty for:
- stabilised crude petroleum oil
- condensate.
Historical excise duty rates
The Australian Government data.gov.au website lists Historical excise duty ratesExternal Link.