S 16A repealed by No 101 of 2006, s 3 and Sch 5 item 9, effective 14 September 2006. For application and saving provisions see history note for s 5(3). S 16A formerly read:
16A Special GST credit for certain alcoholic beverages on which duty has increased
This section applies to goods if:
you are entitled to a special credit under section
in respect of the goods (or would be so entitled apart from subsection (3) of this section); and
they are goods mentioned in subsection
(alcoholic beverages) of the
Sales Tax (Exemptions and Classifications) Act 1992
an amount of excise duty or customs duty (the
old duty amount
) in respect of the goods was paid before 1 July 2000; or
the goods were delivered into home consumption before 1 July 2000 under a permission given under subsection
Excise Act 1901
or granted under subsection
Customs Act 1901
, and an amount of excise duty or customs duty (the
old duty amount
) was or is payable in respect of the goods; and
were excise duty or customs duty (whichever is applicable) instead to become payable on the goods immediately after 1 July 2000, the amount of that duty (the
new duty amount
) would be greater than the old duty amount.
The amount of the special credit in respect of the goods is reduced by an amount equal to the difference between the new duty amount and the old duty amount.
However, there is no special credit in respect of the goods if the difference between the new duty amount and the old duty amount equals or exceeds what would (apart from this section) be the amount of the special credit.