Commonwealth Consolidated Acts

A NEW TAX SYSTEM (LUXURY CAR TAX) ACT 1999 - SECT 5.10

             (1)  You make a taxable supply of a luxury car if:

                     (a)  you supply a ^* luxury car; and

                     (b)  the supply is made in the course or furtherance of an ^* enterprise that you ^* carry on; and

                     (c)  the supply is ^* connected with Australia; and

                     (d)  you are ^* registered, or ^* required to be registered.

             (2)  However, you do not make a taxable supply of a luxury car if:

                     (a)  the ^* recipient ^* quotes for the supply of the car; or

                     (b)  the car is ^* more than 2 years old; or

                     (c)  you export the car in circumstances where the export is ^* GST‑free under Subdivision 38‑E of the ^* GST Act.

             (3)  A ^* car is more than 2 years old at the time of a supply if:

                     (a)  for a car that has not been ^* imported—the car was manufactured more than 2 years before the time of the supply; or

                     (b)  the car was ^* entered for home consumption more than 2 years before the time of the supply.