A New Tax System (Wine Equalisation Tax) Act 1999

Part 4 - Wine tax credits  

Division 17 - Wine tax credits  

17-5   Wine tax credit entitlements  

(1)  
The *Wine Tax Credit Table sets out the situations in which you are entitled to a *wine tax credit.

(2)  
You are not entitled to a *wine tax credit for an amount of tax for which a wine tax credit entitlement has previously arisen (whether for you or another entity).

(3)  


You are not entitled to a *wine tax credit unless you make a claim for the wine tax credit under section 17-10 .


Wine Tax Credit Table
No. Summary of ground Details of ground Amount of *wine tax credit Time *wine tax credit arises
CR1 Tax overpaid You have paid an amount as wine tax that was not legally payable. the amount overpaid, to the extent that you have not *passed it on when the amount became overpaid
CR2 (Repealed by No 94 of 2017)
CR3 (Repealed by No 94 of 2017)
CR4 Avoiding double tax on the same wine You have become liable to wine tax on an *assessable dealing (the current dealing ) in relation to wine, but have *borne wine tax on all of the wine before the time of the current dealing. the wine tax previously *borne on the wine time of the current dealing
CR5 (Repealed by No 94 of 2017)
CR6 (Repealed by No 94 of 2017)
CR7 Ensuring no double tax in respect of *containers You are liable to the wine tax on an *assessable dealing with wine that is the contents of a *container. You have *borne wine tax on the container. the *wine tax borne on the *container time of the *assessable dealing
CR8 Replacement of defective wine You have *borne wine tax on *assessable wine used for the purpose of replacing other wine because of defects in the other wine. *wine tax borne on replacement wine time of replacement
CR9 *Producer rebate An *assessable dealing is made in circumstances that entitle you to a producer rebate under Division 19. the amount of the producer rebate under Division 19 immediately before the end of the financial year in which the assessable dealing occurs
CR10 (Repealed by No 94 of 2017)
CR11 (Repealed by No 94 of 2017)
CR12 (Repealed by No 176 of 1999)
CR13 (Repealed by No 94 of 2017)
CR14 Drawback of *customs duty on *imported wine You have become liable to wine tax on a *local entry of wine for which drawback of *customs duty has been allowed under section 168 of the Customs Act 1901 (or, in the Commissioner's opinion, would have been allowed if wine had been liable to duty). wine tax payable on the *local entry time when drawback was allowed (or would have been allowed)
CR15 Sale *price written off as bad debt You have:
(a) paid wine tax on an *assessable dealing that is a sale and later written off some or all of the *price for which the wine was sold; or
(b) paid wine tax on an assessable dealing that is a *local entry (other than an *LE4) and later written off some or all of the price for which the wine was first sold by you after the local entry.
a proportion of the wine tax paid that is equal to the proportion of the debt written off time of writing off




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