27 Dec '11, 4am

3/4 tank rule for CNG vehicles from Jan 1 as new duties kick in

3/4 tank rule for CNG vehicles from Jan 1 as new duties kick in

From Jan 1 next year, an excise duty of $0.20 per kg will be imposed on compressed natural gas (CNG), Singapore Customs said on Tuesday. -- ST PHOTO: ALPHONSUS CHERN From Jan 1 next year, an excise duty of $0.20 per kg will be imposed on compressed natural gas (CNG), Singapore Customs said on Tuesday. The tax had already been announced in Budget 2009, and will affect both motorists with CNG vehicles as well as CNG traders. With effect from Jan 1, the CNG pump price will be inclusive of duty and Goods and Services Tax (GST), and Singapore-registered CNG and petrol-CNG motor vehicles will have to adhere to the three-quarter tank rule. This means that the CNG supply tank of such vehicles must be at least three-quarters full when leaving Singapore. A composition fine may be imposed on motorists who do not comply with the rule, Singapore Customs said. It added that it has sent ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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