FUEL TAX ACT 2006

CHAPTER 3 - FUEL TAX CREDITS  

PART 3-1 - BASIC RULES  

Division 43 - Working out your fuel tax credit  

SECTION 43-1   WHAT THIS DIVISION IS ABOUT  


The amount of your credit for taxable fuel is the amount of fuel tax that was payable on the fuel, reduced to take account of certain grants and subsidies that were payable in respect of the fuel (as the grants or subsidies reduced the amount of fuel tax that effectively applied to the fuel).

For taxable fuel that is a blend of fuels, there are additional rules for working out the amount of your credit.

In some cases, the credit is reduced so that some of the fuel tax can be retained as a road user charge.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.