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Tax Facts - Excise

Excise duty is a tax on certain types of goods that are made in Australia including alcohol, tobacco, fuel and petroleum products.

Customs duty is imposed at an equal rate on imported alcohol, tobacco, fuel and petroleum products to ensure imported and local goods are treated consistently. These goods are referred to as Excise Equivalent Goods (EEGs).

Entities who manufacture or store excisable goods must hold an appropriate licence.

MORE: See the Excise section of the ATO web site for more information.

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The partners and staff at Brewster Walsh & Associates have a long history in the green triangle region and have gained expertise across a wide cross section of businesses and industries.  We offer a full range of advisory, accountancy, audit and business services.

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Brewster Walsh & Associates provides links to a number of on-line resources which may be of interest to our clients.  This material is not provided by way of advice.  Any action will need to be assessed in the light of your particular situation.

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