New excise duty rates for alcohol from 1 July 2021
03.10pm 01 June 2021
The annual adjustment to the excise and excise-equivalent duty rates on alcoholic beverages will take place on 1 July 2021.
The annual adjustment is based on movements in the Consumer Price Index less credit services subgroup over the 12-month period up to 31 March 2021.
The new rates are those set out in the Excise and Excise-equivalent Duties Table (Alcoholic Beverages Indexation) Amendment Order 2021.
The rates are summarised as:
|Current excise rate to 30 June 2021||New excise rate (GST excl.) from 1 July 2021|
|45.929 cents per litre of beverage||46.627 cents per litre of beverage|
|$30.624 per litre of alcohol||$31.089 per litre of alcohol|
|$2.449 per litre of beverage||$2.4871 per litre of beverage|
|$3.0624 per litre of beverage||$3.1089 per litre of beverage|
|$55.777 per litre of alcohol||$56.625 per litre of alcohol|
Alcohol products removed from a licensed manufacturing area or imported after midnight on 30 June 2021 will be subject to the new rates.