The New Zealand Customs Service has announced that the annual adjustment to the excise and excise-equivalent duty rates on alcoholic beverages will take place on 1 July 2017. The annual adjustment is based on movements in the Consumer Price Index over the 12-month period prior to 31 March 2017.
The new rates are those set out in the Excise and Excise-equivalent Duties Table (Alcoholic Beverages Indexation) Amendment Order 2017.
The rates are summarised as:
| Current excise rate to 30 June 2017 | New excise rate (GST excl.) from 1 July 2017 |
| 42.650 cents per litre of beverage | 43.573 cents per litre of beverage |
| $28.438 per litre of alcohol | $29.054 per litre of alcohol |
| $2.2750 per litre of beverage | $2.3243 per litre of beverage |
| $2.8438 per litre of beverage | $2.9054 per litre of beverage |
| $51.795 per litre of alcohol | $52.916 per litre of alcohol |
Alcohol products removed from a licensed manufacturing area or imported after midnight on 30 June 2017 will be subject to the new rates.
