Fuel Tax Act 2006

CHAPTER 3 - FUEL TAX CREDITS  

PART 3-1 - BASIC RULES  

Division 41 - Fuel tax credits for business taxpayers and non-profit bodies  

Subdivision 41-A - Entitlement rules for fuel tax credits  

SECTION 41-5   FUEL TAX CREDIT FOR FUEL TO BE USED IN CARRYING ON YOUR ENTERPRISE  

41-5(1)    

You are entitled to a fuel tax credit for taxable fuel that you acquire or manufacture in, or import into, the indirect tax zone to the extent that you do so for use in *carrying on your *enterprise.

Note 1:

Other provisions can affect your entitlement to the credit. (For example, see Subdivision 41-B .)

Note 2:

Fuel is taken to have been used if it is blended as specified in a determination made under section 95-5 .

41-5(2)   Registration for GST  

However, you are only entitled to the fuel tax credit if, at the time you acquire, manufacture or import the fuel, you are *registered for GST, or *required to be registered for GST.

41-5(3)    
Subsection (2) does not apply if, at the time you acquire, manufacture or import the fuel:

(a) you are a non-profit body; and

(b) you acquire, manufacture or import the fuel for use in a vehicle (or vessel) that:

(i) provides emergency services; and

(ii) is clearly identifiable as such.