- Description
- Specifications
If a business is licensed to manufacture excisable products and recycle oil or use recycled oil in the business, then it may be eligible for a benefit under the Product Stewardship for Oil program (PSO).
The PSO is aimed at supporting and encouraging environmentally-sustainable management of used oil.
Under the program, a levy (in the form of excise and customs duty) is collected on all petroleum-based oil or their synthetic equivalents produced in or imported into Australia. This levy is used to provide benefits to recyclers of used oil and users of gazetted oils.
Benefit rates for recyclers vary depending on the extent to which the oil is processed and the end product of the recycling activity.
This paper give an overview of the Product Stewardship for Oil Program and has been written under the following headings:
- Introduction
- Benefits
- Definitions
- Eligibility
- Gazetted Oils and Uses
- Rates
- Registering
- Record Keeping
- Claiming
- Professional Advice