Excises (TC 42)

A1A.399.

Excises (TC 42) consists of taxes levied as a product specific unit tax on a predefined limited range of goods. Excises may be imposed at any stage of production or distribution and are usually assessed as a specific charge per unit based on characteristics by reference to the value, weight, strength or quantity of the product. Excises are not limited to those taxes collected under Excise Acts and include taxes on water, electricity, gas, energy and agricultural production. If a tax collected principally on imported goods also applies, or would apply, under the same law to comparable domestically produced goods, then the revenue from this tax is classified as arising from excises rather than from import duties. This principle applies even if there is no comparable domestic production or no possibility of such production. This category is further classified into:

• excises on crude oil, LPG and petroleum products (TC 421);
• excises on beer and potable spirits (TC 422);
• excises on tobacco products (TC 423);
• Excise Act duties not elsewhere classified and refunds of Excise Act duties (TC 424);
• agricultural production taxes (TC 425);
• levies on statutory corporations (TC 426); and
• excises not elsewhere classified (TC 429).

Excludes: Taxes levied exclusively on the importation of goods (classified to customs duties on imports (TC 431)).

A1A.400.

Excises on crude oil, LPG and petroleum products (TC 421) consists of excises levied on the production of crude oil and naturally occurring LPG from Australian fields. The levy varies depending on volume and quality of the crude oil and the date the field came into production. It also consists of excises levied on petroleum products.

Includes: Duties collected under the Excise Act; diesel fuel oil tax.

A1A.401.

Excises on beer and potable spirits (TC 422) consists of Excise Act duties levied on beer and potable spirits.

A1A.402.

Excises on tobacco products (TC 423) consists of Excise Act duties levied on tobacco products.

A1A.403.

Excise Act duties not elsewhere classified and refunds of Excise Act duties (TC 424) consists of Excise Act duties that cannot be classified to excises on crude oil, LPG and petroleum products (TC 421), excises on beer and potable spirits (TC 422) or excises on tobacco products (TC 423) and all refunds under the Excise Act.

A1A.404.

Agricultural production taxes (TC 425) consists of levies raised on specified agricultural products usually assessed by reference to weight or quantity. Liability may be assessed at any stage of processing or distribution.

Includes: Taxes levied on wool, dairy products, poultry, cattle, sheep, wheat and wine grapes.

A1A.405.

Levies on statutory corporations (TC 426) consists of contributions which are required under legislation to be paid by specified statutory corporations to State / territory governments. The taxes are a fixed proportion of the revenue earned by statutory corporations.

Excludes: Taxes assessed on amounts equivalent to net profits and capital gains by State and Territory governments (classified to dividend income (including tax equivalents) (ETF 1132, SDC)).

A1A.406.

Excises not elsewhere classified (TC 429) consists of excises that cannot be classified to Excise Act duties not elsewhere classified and refunds of Excise Act duties (TC 424), agricultural production taxes (TC 425) or levies on statutory corporations (TC 426).