- rebated oil
- Oil which has been delivered for home use on allowance of a rebate of excise duty under the Hydrocarbon Oil Duties Act 1979, sections 11 and 14. HM Customs & Revenue Glossary
Financial and business terms. 2012.
rebated oil
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rebated heavy oils — Usually gas oil or kerosene. These are heavy oils that carry a lower rate of duty than that for fully duty paid fuel such as Diesel Engined Road Vehicles ( DERV); Ultra Low Sulphur Diesel ( ULSD); gasoline; Liquid Petroleum Gas ( LPG) or… … Financial and business terms
rebate — rebate1 rebatable, rebateable, adj. rebater, n. n. /ree bayt/; v. /ree bayt, ri bayt /, n., v., rebated, rebating. n. 1. a return of part of the original payment for some service or merchandise; partial refund. v.t. 2. to allow as a discount … Universalium
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furniture industry — Introduction all the companies and activities involved in the design, manufacture, distribution, and sale of functional and decorative objects of household equipment. The modern manufacture of furniture, as distinct from its design,… … Universalium
rebate licence — A licence to use rebated heavy oil as road fuel, issued by us. HM Customs & Revenue Glossary … Financial and business terms
