Supreme Court tosses out Gull appeal over $23 mln butane blending duty

Supreme Court tosses out Gull appeal over $23 mln butane blending duty
Dec. 6 (BusinessDesk) - The Supreme Court has turned down an appeal by cut-price petrol retailer Gull seeking to overturn a decision that would see it pay higher excise duty on its locally blended butane/motor spirit mix. Chief Justice Sian Elias and Justices John McGrath, William Young, Susan Glazebrook and Thomas Gault today rejected Terminals (NZ) Ltd’s assertion that blending of butane with motor spirit didn’t constitute manufacturing as defined by the Customs and Excise Act 1996, meaning the sister company of Gull New Zealand faces an u...