DUTIES ACT 2000 - SECT 219 What is the dutiable value of a motor vehicle?
DUTIES ACT 2000 - SECT 219
What is the dutiable value of a motor vehicle?(1) Subject to subsection (2), the "dutiable value" of a motor vehicle is—
(a) the consideration in money or money's worth given for the acquisition of the vehicle; or
(b) the price at which the vehicle might reasonably be sold, free from encumbrances, in the open market—
whichever is the greater.
(2) The dutiable value of a motor vehicle that—
S. 219(2)(a) amended by No. 6/2010
s. 203(1)
(Sch. 6 item 13.3) (as amended by No. 45/2010
s. 22), substituted by No. 63/2017 s. 21(Sch. 1
item 2.1).
(a) is a commercial passenger vehicle (within the meaning of the Commercial Passenger Vehicle Industry Act 2017 ); and
(b) is specially converted to provide wheelchair access to and egress from the vehicle; and
(c) is capable of carrying at least one occupied wheelchair; and
(d) has not previously been registered in Victoria or elsewhere—
is the value determined in accordance with subsection (1) less $24 000 or such other amount as is prescribed.
S. 219(3) inserted by No. 58/2003 s. 17.
(3) In determining the dutiable value of a motor vehicle, there is to be no discount for the amount of GST (if any) payable on the supply of the vehicle.