Inchcape Shipping Services (ISS) is warning of an increase in Australian Carbon Tax on vessels from 1 July 2013.
Bunker duty and carbon tax is charged for all vessels who conduct a coastal voyage within Australian waters, and if a vessel purchases fuel and or oil within Australian waters for the purpose of a coastal voyage.
The Australian federal government first introduced its carbon pricing mechanism in July last year as part of the national clean energy measures. The carbon tax affects excise liabilities and fuel tax credit entitlements.
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Inchcape Shipping Services (ISS)
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