Summary
Introduced with the Excise Tariff Amendment (Tobacco) Bill 2014, the bill amends the
Customs Tariff Act 1995
to: increase the rate of excise equivalent customs duty on tobacco through a series of four staged increases of 12.5 per cent, commencing on 1 December 2013; and index the rates of excise equivalent customs duty on tobacco to average weekly ordinary time earnings instead of the consumer price index.