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Govt. excise
Am in the process of getting the materials together to build my own home bio-fuel plant.
Will be interested in any and all info posted here.
A friend who skippers a luxury yacht has been researching bio-fuel to run the yacht, coconut oil apparently requires nil refinement, straight into the tank and go. Still waiting to hear how this works out for him will post when I hear.
Apparently us home bio-fuel manufacturers are supposed to pay the GOVT. 38 cents/l fuel tax. I'll put my 38 cents/l in a tin up the shed should they ever decide to come collect it.
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Hi "OD",
I'm intending to post up some pics of my reactor soon as I have upgraded my 200ltr to a 315ltr version with some further refinements, hope they can be of some use to you when I do.
I'll be interested to hear how your mate with the yacht goes, I would be surprised if some form of processing wasn't involved, at least filtering if his coconut oil is used. I also assume then that he is setting up a SVO system with some form of heating prior to feeding it directly into the engine?
Regarding all that govt bulls**t.
Under NAT 15418-08.2006 you have to pay the excise even if you are just storing it! as follows..."if your activity involves only the storage of biodiesel or biodiesel/diesel blends then you must hold a storage licence. As a storage licence holder you must report and pay
$0.38143 per litre on the quantity of biodiesel to the tax Office".
Yeah, good luck with that Rudd!:D
Pete'
