Further Memorandum submitted by HM Customs
and Excise
The Committee may like to see the attached figures,
which update our memorandum of 22 December in two respects. First,
to reflect the duty changes announced on 9 March; and, secondly,
to record the results of our activity up to end-February (updating
paragraphs 17 and 18 of the memorandum).
ANNEX 1
DUTY RATES
Duty rates on petrol and diesel are set out
in the Hydrocarbon Oils Duties Act 1979. Current rates of duty
are:
52.88 pence per litre
47.21 pence per litre
50.21 pence per litre
Ultra Low Sulphur Diesel:
47.21 pence per litre
Retail prices in Northern Ireland for petrol
and diesel vary as they do in other parts of the UK but an average
current price for each grade of fuel including 17.5 per cent VAT
from 9 March 1999 would be:
68.25 pence per litre
71.65 pence per litre
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