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EXCISE TARIFF ACT 1921

SECTION 6K TEMPORARY REDUCTION - CPI INDEXED FUEL RATES

Temporary rate reduction

6K(1)

Despite any other provision of this Act, each CPI indexed fuel rate is, during a rate reduction period, a rate equal to 69.6% of the fuel duty rate that would have applied on that day apart from this section (including because of the operation of section 6A ).

Note:

For CPI indexed fuel rate and rate reduction period , see subsection (6) .

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6K(2)
An amount worked out under subsection (1) is to be rounded to 3 decimal places (rounding up if the next decimal place is 5 or more).

6K(3)
A CPI indexed fuel rate that applies under subsection (1) during a rate reduction period applies to:

(a) goods manufactured or produced in Australia during that period; and

(b) goods manufactured or produced in Australia before the start of that period if:

(i) at the start of the period, the goods were either subject to the CEO ' s control, or were in the stock, custody or possession of, or belonged to, a manufacturer or producer of the goods; and

(ii) no duty of excise had been paid on the goods before the start of the period.

Restoration of rates

6K(3A)

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This Act has effect as if, on the August adjustment day, each CPI indexed fuel rate is a rate equal to the rate that it would have been on that day apart from subsection (1) (including because of the operation of section 6A ).

Note 1:

For August adjustment day , see subsection (6) .

Note 2:

A rate that applies under this subsection is subject to later indexation under section 6A .

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6K(3B)

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A CPI indexed fuel rate that applies under subsection (3A) applies to:

(a) goods manufactured or produced in Australia on or after the August adjustment day; and

(b) goods manufactured or produced in Australia before the August adjustment day if:

(i) on that day, the goods were either subject to the CEO ' s control, or were in the stock, custody or possession of, or belonged to, a manufacturer or producer of the goods; and

(ii) no duty of excise had been paid on the goods before that day.

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Application of rates for previous rate reduction period

6K(3C)

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To avoid doubt, this section as in force immediately before the commencement of this subsection continues to apply in relation to goods to which this section applied at that time because of the operation of subsection (3) of this section.

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6K(4)
Subsection (3) has effect despite subsection 5(2) .

6K(5)
(Repealed by No 59 of 2026)

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Definitions

6K(6)

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In this section:

August adjustment day
means:

(a) 1 August 2026, unless paragraph (b) applies; or

(b) if, in relation to the indexation day that is 1 August 2026, the replacement under section 6A of a rate of duty happens on another day in accordance with subsection 6A(5) - that other day.

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CPI indexed fuel rate
means a rate covered by paragraph (b) or (c) of the definition of CPI indexed rate in subsection 6A(10) .

rate reduction period
means the period beginning on 1 July 2026 and ending on the day before the August adjustment day.

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