EXCISE REGULATIONS 1925 (REPEALED)
PART III
-
REMISSIONS, REBATES AND REFUNDS OF EXCISE DUTY
REGULATION 49A
49A
REMISSION
-
ROUNDING DOWN DUTY PAID IN CASH
For the purposes of section 78 of the Act, if an amount of Excise duty:
(a) is to be paid in cash; and
(b) is not a multiple of 5 cents;
For the purposes of section 78 of the Act, if an amount of Excise duty:
(a) is to be paid in cash; and
(b) is not a multiple of 5 cents;
the number of cents in excess of the next lower multiple of 5 cents must be remitted.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.