A New Tax System (Luxury Car Tax) Act 1999

Part 2 - Luxury car tax  

Division 5 - Taxable supplies of luxury cars  

5-10   Taxable supplies of luxury cars  

(1)  
You make a taxable supply of a luxury car if:


(a) you supply a * luxury car ; and


(b) the supply is made in the course or furtherance of an * enterprise that you * carry on ; and


(c) the supply is * connected with the indirect tax zone ; and


(d) you are * registered , or * required to be registered .

(2)  
However, you do not make a taxable supply of a luxury car if:


(a) the * recipient * quotes for the supply of the car; or


(b) the car is * more than 2 years old ; or


(c) you export the car in circumstances where the export is * GST-free under Subdivision 38-E of the * GST Act .

(3)  
A * car is more than 2 years old at the time of a supply if:


(a) for a car that has not been * imported - the car was manufactured more than 2 years before the time of the supply; or


(b) the car was *entered for home consumption more than 2 years before the time of the supply.


 

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