A New Tax System (Wine Equalisation Tax) Act 1999
There are 2 methods for working out the notional wholesale selling price for a * taxable dealing that is either:
(a) a * retail sale of * grape wine ; or
(b) an * AOU connected with retail sales of wine that is grape wine.
(2)
The * half retail price method is used unless you have chosen under subsection (3) to use the * average wholesale price method .
(3)
You may choose to use the * average wholesale price method if, during the * tax period in respect of which you are liable to pay wine tax on the dealing, at least 10% by value of all your sales of * grape wine that:
(a) is of the same vintage as the grape wine to which the dealing relates; and
(b) is produced from the same grape varieties, or the same blend of grape varieties, as the grape wine to which the dealing relates;
are * wholesale sales .
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