Part of a package of four bills to re-introduce the biannual indexation of fuel excise and excise-equivalent fuel duties, the bill amends the
Customs Tariff Act 1995
to index the rate of excise-equivalent customs duty applying to imported fuels, including gaseous fuels, in line with Consumer Price Index movements; and the
Customs Tariff Amendment (Taxation of Alternative Fuels) Act 2011
to make consequential amendments.