S 16AB repealed by No 101 of 2006, s 3 and Sch 5 item 9, effective 14 September 2006.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 16AB formerly read:
16AB Special GST credit for certain alcoholic beverages on which duty has decreased
(1)
This section applies to goods if:
(a)
you are entitled to a special credit under
section 16
in respect of the goods; and
(b)
they are goods mentioned in subsection 15A(1) (alcoholic beverages) of the
Sales Tax (Exemptions and Classifications) Act 1992
; and
(c)
either:
(i)
an amount of excise duty or customs duty (the
old duty amount
) in respect of the goods was paid before 1 July 2000; or
(ii)
the goods were delivered into home consumption before 1 July 2000 under a permission given under subsection 61C(1) of the
Excise Act 1901
or granted under subsection 69(3) of the
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
(d)
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 less than the old duty amount.
(2)
The amount of the special credit in respect of the goods is increased by an amount equal to the difference between the old duty amount and the new duty amount.
History
S 16AB inserted by No 92 of 2000, s 3 and Sch 10 item 1A, effective 9 July 1999.
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