CCH Note: The Sales Tax (Exemptions and Classifications) Act 1992 has been modified by Act Nos 51 to 53 of 1993 to have effect as if Sch 7 applied to dealings with goods on or after 18 August 1993.

Heading modified by Act Nos 51 to 53 of 1993, s 7, applicable to dealings with goods on or after 1 July 1995 by substituting ``Goods taxed at 26%'' for ``Goods taxed at 24%''.

Heading modified by Act Nos 51 to 53 of 1993, s 7, applicable to dealings with goods on or after 1 July 1994 by substituting ``Goods taxed at 24%'' for ``Goods taxed at 22%''.

The Schedule is to be read for taxable dealings that occur on or after 1 July 1995 as follows:

Item 1: [Wine, cider etc.]  

1(1) 

The following beverages, if they contain more than 1.15% by volume of ethyl alcohol:

(a)  wine;

(b)  cider;

(c)  beverages similar to wine or cider;

(d)  mead, perry, sake and other similar fermented beverages.

1(2) 

This Item does not cover:

(a)  beer;

(b)  spirits, liqueurs or spirituous liquors;

(c)  beverages that contain beer, spirits (other than spirits for fortifying wine or other beverages), liqueurs or spirituous liquors.

1(3) 

For the purposes of this Item, the volume of ethyl alcohol in goods is to be measured at 20°C and is to be calculated on the basis that the specific gravity of ethyl alcohol is 0.79067 (at 20°C in a vacuum).

1(4) 

In this Item, `beer' means any fermented liquor (whether or not the liquor contains sugar, glucose or any other substance) that:

(a)  is brewed from a mash (whether or not the mash contains malt); and

(b)  contains hops (including any substance prepared from hops) or other bitters.

The Sales Tax (Exemptions and Classifications) Act 1992 modified by Act Nos 51 to 53 of 1993, effective for taxable dealings occurring on or after 18 August 1993, to have effect if Sch 7 applied to dealings with goods on or after 18 August 1993.