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.