SALES TAX ASSESSMENT ACT 1992 (Repealed)

PART 3 - LIABILITY TO TAX

Division 4 - Exempt parts of taxable value

SECTION 48 (Repealed by 101 of 2006)   GOODS INCORPORATING A MILK TANK  

48(1)  [Application]  

This section applies if:

(a)  the goods incorporate a tank; and

(b)  an exemption based on exemption Item 5 would have been available if the dealing had involved only the tank.

48(2)  [Exempt part]  

The exempt part is the amount that would have been the taxable value if the dealing had involved only the tank (assuming the dealing to be taxable).