New excise duty rates for tobacco from 1 January 2009
The annual adjustment to the excise and excise-equivalent duty rates on tobacco products will take
place on 1 January 2009.
The annual adjustment is based on movements in the Consumers Price Index All Groups (excluding
credit services) over the 12-month period ending on 30 September 2008.
The new rates are:
|
|
Current Rate |
New Rate – 1 January 2009 |
|
Cigarettes per 1,000 |
$294.62 |
$309.55 |
|
Other tobacco products per kilo of tobacco content (KTC) |
$368.27 |
$386.93 |
Tobacco products removed from a licensed manufacturing area or imported into New Zealand after
midnight on 31 December 2008 will be subject to the new rates.
Further information
If you need further information, please contact Customs on 0800 428 786 (0800 4 CUSTOMS).
click here for more news articles