Summary
Introduced with the Customs Tariff Amendment (Tobacco) Bill 2014, the bill amends the
Excise Tariff Act 1921
to: increase the rate of excise duty on tobacco through a series of four staged increases of 12.5 per cent, commencing on 1 December 2013; index the rates of excise duty on tobacco to average weekly ordinary time earnings instead of the consumer price index; and make consequential amendments contingent upon the commencement of the proposed
Excise Tariff Amendment (Carbon Tax Repeal) Act 2014
.