Updated June 12
Fuel station owners will be refunded seven cents per litre for their stock of unleaded petrol and gasoil from Monday.
Earlier this week, the government said the price of fuel will be reduced by seven cents as from June 15, following a drop in excise duty rates.
Fuel stations seeking a refund will have to submit to the Department of Customs a refund claim on such stock, accompanied by a stock report verified and endorsed by the Regulator for Energy & Water Services, REWS.
Refund claims without a REWS endorsement will not be processed by the Department of Customs.