A New Tax System (Luxury Car Tax) Act 1999
You are entitled to a credit if:
(a) you have a credit entitlement under this section; and
(b) you are not * registered or * required to be registered ; and
(c) no one else has made a valid claim for a credit in relation to the credit entitlement.
(2)
You have a credit entitlement if:
(a) luxury car tax on a supply to you was overpaid (that is, the supplier paid an amount of luxury car tax that was not legally payable); and
(b) you have * borne the overpaid luxury car tax.
(3)
You have a credit entitlement if you have * borne luxury car tax on a supply of a * car for which you could have * quoted except that you were not * registered at the time of the supply.
(4)
You have a credit entitlement if you have paid luxury car tax on the * importation of a * luxury car for which you could have * quoted except that you were not * registered at the time of the importation.
(5)
The amount of the credit is the amount of:
(a) overpaid luxury car tax * borne by you; or
(b) luxury car tax that would not have been payable by the supplier had you * quoted for the supply in question and that was borne by you; or
(c) luxury car tax that you would not have paid had you quoted for the * importation in question;
but only to the extent that you have not * passed on that amount or have not already been credited in respect of that amount.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
