PacLII Home | Databases | WorldLII | Search | Feedback

Papua New Guinea Sessional Legislation

You are here:  PacLII >> Databases >> Papua New Guinea Sessional Legislation >> Excise Tariff (Supplementary Budget) (Amendment) Act 2022

Database Search | Name Search | Noteup | Download | Help

  Download original PDF


Excise Tariff (Supplementary Budget) (Amendment) Act 2022

PAPUA NEW GUINEA


Excise Tariff (Supplementary Budget) (Amendment) Act 2022


No. 51 of 2022
Certified on: 4 OCT 2022


ARRANGEMENT OF SECTION.

Rates of Excise Duty (Amendment of Schedule 1 - Duties on Excise).


AN ACT

entitled

Excise Tariff (Supplemental Budget) (Amendment) Act 2022,

Being an Act to amend the Excise Tariff Act (Chapter 107),

MADE by the National Parliament to come into operation on 1st November 2022.

RATES OF EXCISE DUTY (AMENDMENT OF SCHEDULE 1 - DUTIES ON EXCISE).

Schedule 1 of the Principal Act is amended by repealing the excise tariff items, description of goods, the rates of excise duties and remarks shown in the Schedule and replacing them with the tariff items, description of goods, rates of excise duties and remarks as shown below -

Tariff Item
Description of Goods
Duty Rate From 1st November 2022 to 31st December 2022
Duty Rate from 1st January 2023 and onwards
Unit
Remarks
2710.19.10
Diesel
Free
K0.23
Per Litre
The extension of the Excise duty exemption for another two months starting 1st November 2022 is applicable to the public except the resource companies, international freight operators and the power producers listed in Table 1.
The Companies listed in Table 1 that are exempted from excise duty under the existing agreements will continue to apply.
2710.12.10
Petrol
Free
K0.61
Per Litre
2710.19.90
Zoom
Free
K0.02
Per Litre

Table 1: List of resource companies, international freight operators and power producers that are not eligible for the exemption.

No.
Company
Type of Company
1
ExxonMobil PNG Limited
Mining Resource
2
Ramu Nico Management (MCC) Limited
Mining Resource
3
Solway Group Mining (PNG) Limited
Mining Resource
4
Newcrest Mining Limited
Mining Resource
5
Morobe Exploration Service Limited
Mining Resource
6
K92 Mining Limited
Mining Resource
7
Hidden Valley Services Limited
Mining Resource
8
Nautilus Minerals Niugini Limited
Mining Resource
9
OK Tedi Mining Limited
Mining Resource
10
TiTeline (PNG) Limited
Mining Resource
11
Talisman Energy Niugini Limited
Mining Resource
12
Tolukuma Gold Mine Limited
Mining Resource
13
Total E & P PNG Limited
Mining Resource
14
Highlands Pacific Resources Limited
Mining Resource
15
Oil Search Limited
Mining Resource
16
Barrick (Niugini) Limited
Mining Resource
17
Wafi Golpu Services Limited
Mining Resource
18
Harmony Gold (PNG) Exploration Limited
Mining Resource
19
Simberi Gold Company Limited
Mining Resource
20
Woodlark Mining Limited
Mining Resource
21
Niuminco Pty Limited
Mining Resource
22
Morobe Consolidated Goldfields Limited
Mining Resource
23
Marengo Mining PNG Limited
Mining Resource
24
Yandera Mining Company Limited
Mining Resource
25
Swire Shipping
International Freight Operators
26
PNG Shipping
International Freight Operators
27
Inchcape Shipping Services
International Freight Operators
28
Express Freight Management
International Freight Operators
29
ANL Agencies
International Freight Operators
30
Carpenters Shipping
International Freight Operators
31
Pacific Cargo Service
International Freight Operators
32
Blue Planet Logistics
International Freight Operators
33
Deugro (PNG) Limited
International Freight Operators
34
Golden Shipping
International Freight Operators
35
Best Diamond Shipping
International Freight Operators
36
Trade Watch PNG
International Freight Operators
37
Agility Logistics Limited
International Freight Operators
38
PNG Power Limited
Power Producer

I hereby certify that the above is a fair print of the Excise Tariff (Supplementary Budget) (Amendment) Act 2022, which has been made by the National Parliament.

Clerk of the National Parliament.
4 OCT 2022

I hereby certify that the Excise Tariff (Supplementary Budget) (Amendment) Act 2022, was made by the National Parliament on 2 September 2022.

Speaker of the National Parliament.
4 OCT 2022


PacLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.paclii.org/pg/legis/num_act/etba2022439