A New Tax System (Wine Equalisation Tax) Act 1999

Part 7 - Interpreting this Act  

Division 31 - Meaning of some important concepts  

Subdivision 31-A - Wine  

31-2   Meaning of grape wine  

(1)  
Grape wine is a beverage that:


(a) is the product of the complete or partial fermentation of fresh grapes or products derived solely from fresh grapes; and


(b) complies with any requirements of the regulations, made for the purposes of section 31-8 , relating to grape wine.

(2)  
A beverage does not cease to be the product of the complete or partial fermentation of fresh grapes or products derived solely from fresh grapes merely because grape spirit, brandy, or both grape spirit and brandy, have been added to it.

Note:

The concept of grape wine is used in Subdivision 9-B to work out the taxable value of retail transactions involving wine produced from grapes. In the case of grape wine, you can choose to use the average wholesale price method of working out taxable values.




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