Temporary reduction in the excise duties on petrol, diesel and marked gas oil

Last updated: 30 July 2024

Excise duty reduced 20 cent/litre of petrol and 15 cent/litre of diesel, with a 3.4 cent reduction on marked gas oil (MGO), and remain in place with effect from 10 March 2022.  

The current reductions are VAT inclusive amounts of 4 cent,  3 cent and 1.7 cent per litre for petrol, diesel and MGO respectively and are due to be restored on 1 August 2024.  

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