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Papua New Guinea Sessional Legislation |
PAPUA NEW GUINEA
Excise Tariff (Amendment) Act 2022
No. 15 of 2022
Certified on: 16 MAY 2022
ARRANGEMENT OF SECTION.
Duties on excise (Amendment of Schedule 1).
AN ACT
entitled
Excise Tariff (Amendment) Act 2022,
Being an Act to amend the Excise Tariff Act 1956,
MADE by the National Parliament to come into operation in accordance with a notice published in the National Gazette by the Head of State, acting with, and in accordance with, the advice of the Minister for Treasury.
DUTIES ON EXCISE (AMENDMENT OF SCHEDULE 1).
Schedule 1 of the Principal Act is amended by repealing the excise tariff items, description of the goods and rate of excise duties shown in the Schedule and replacing them with the excise tariff items, description of goods and the rate of excise duties as shown below –
Tariff item | Description of goods | Duty rate from 1st May 2022 to 31st October 2022 | Duty rate from 1st November 2022 | Unit | Remarks |
2710.19.10 | Diesel | Free | K0.23 | Per Litre | The exemption of excise duty on diesel, petrol and zoom applies to businesses or tax payers in accordance with the notice in the National
Gazette published by the Head of State with advice from the Minister for Treasury. |
2710.12.10 | Petrol | Free | K0.61 | Per Litre | |
2710.19.90 | Zoom | Free | K0.02 | Per Litre |
I hereby certify that the above is fair print of the Excise Tariff (Amendment) Act 2022, which has been made by the National Parliament.
Clerk of the National Parliament
16 MAY 2022
I hereby certify that Excise Tariff (Amendment) Act 2022, was by the National Parliament on 21 April 2022.
Speaker of the National Parliament.
16 MAY 2022
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URL: http://www.paclii.org/pg/legis/num_act/eta2022214