Imperial Tobacco Australia (ITA) is committed to complying with the Government's prices oversight regime introduced to minimise the overall impact of the New Tax System on the level of prices. Specifically, ITA will:
Comply with the Trade Practices Act 1974, and in particular Part VB of that Act which prohibits companies from engaging in price exploitation in relation to the New Tax System;
Comply with the ACCC's price exploitation guidelines which require companies to pass on to customers any net cost benefits realised as a result of the New Tax System changes;
Provide price lists to customers which show GST inclusive prices in a way that is not misleading or deceptive;
Maintain an effective compliance program in relation to this commitment.
