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Excise Remission: $350,000

4 Apr 2024 3:59 PM | Anonymous member (Administrator)

Since 1 July 2021 the Excise remission scheme for manufacturers of alcoholic beverages (Remission scheme) has provided eligible alcohol manufacturers with a full (100%) automatic remission of excise duty, up to a maximum of $350,000 per financial year, on alcoholic beverages they manufacture and enter into the Australian domestic market for home consumption. The Remission scheme replaced the Excise refund scheme for alcohol manufacturers (Refund scheme).

There has been some significant discussion from members about the Remission scheme and the consequences of the market distortion the scheme creates. The board has had lengthy discussions, as have the recent States Presidents meeting as well as other member engagement.

One of the board members, Ian Schmidt from Iniquity, has prepared a short opinion piece about unintended consequences and some erroneous myths. The Executive have asked that a discussion board be established in the members portal to have a member forum about this topic. It will be restricted to members only by logging onto the members portal.

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Australian Distillers Association

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Sydney, NSW, 2000

ABN 77 622 845 275

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