Commonwealth Consolidated Acts

EXCISE TARIFF ACT 1921 - SECT 7

    The Governor - General may make regulations prescribing matters required or permitted by this Act to be prescribed.

Method statement

Step 1.   Work out the amount of duty that would, apart from this section, be payable on the blended tobacco goods.

Step 2.   Add up the amount of duty previously payable on each constituent that is classified to subitem   5.1, 5.5 or 5.8 of the Schedule.

Step 3.   Subtract the result of step 2 from the result of step 1.

Step 4.   The duty payable on the blended tobacco goods is:

  (a)   the result of step 3; or

  (b)   if the result of step 3 is less than zero--zero.

Method statement

Step 1.   Add up the amount of duty that would, at the time the duty on the blended goods is payable, be payable on each constituent of the blended goods, that is classified to item   10 of the Schedule, if the constituent had not been included in the blended goods.

Step 2.   Work out the volume, in litres, of the blended goods that is not attributable to those constituents or to water added to manufacture the blended goods.

Step 3.   Multiply the result of step 2 by $0.386.

Note:   The rate set out in this step is indexed under section   6A.

Step 4.   Total the results of steps 1 and 3.

Step 5.   Subtract from the total any duty paid on a constituent of the blended goods that is classified to item   10 or 15 of the Schedule.