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Old 21st August 2024 | 22:57
  #628 (permalink)  
43Inches
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Joined: Oct 2007
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From: Aus
Originally Posted by Lead Balloon
Many millions of litres of JetA1 are loaded onto aircraft at Australian airports each year, for which not a cent of excise is payable.
Heavy vehicle operators, farmers and some other commercial entities can claim back excise depending on use, some to the point they dont pay it, so I would say millions of litres of diesel and petrol are used free of excise probably each month, if not weekly. So going back to the $18 billion of excise collected, a lot of it is returned via BAS lodgements.

So for an example, in my semi I put 5000 litres last month, I can claim back 21 cpl excise in my BAS, which is just over $1000.
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