Document ID: chunk:federal_register_of_legislation:C2022C00033:section:4:p6
Version: federal_register_of_legislation:C2022C00033
Segment Type: section
Provision Reference: s 4 (pt 6/29)
Character Range: 23006–25508

1 July 2000; and
 (c) the car is returned to the indirect tax zone on or after 1 July 2000, without having been subject to any treatment, industrial processing, repair, renovation, alteration or any other process since its export; and
 (d) the ownership of the car when it is returned to the indirect tax zone is the same as its ownership on 1 July 2000.
Note: An importation covered by this section may also be duty‑free under item 17 of Schedule 4 to the Customs Tariff Act 1995.

Division 9—Quoting

9‑1  What this Division is about
      In certain circumstances you can quote for a supply or importation of a luxury car and not pay the luxury car tax. This is designed to avoid the luxury car tax becoming payable unless the car is sold or imported at the retail level.

9‑5  Quoting
 (1) You are entitled to *quote your *ABN in relation to a supply of a *luxury car or an *importation of a luxury car if, at the time of quoting, you have the intention of using the car for one of the following purposes, and for no other purpose:
 (a) holding the car as trading stock, other than holding it for hire or lease; or
 (b) *research and development for the manufacturer of the car; or
 (c) exporting the car in circumstances where the export is *GST‑free under Subdivision 38‑E of the*GST Act.
 (2) However, you are not entitled to *quote unless you are *registered.

9‑10  Periodic quoting
 (1) You may make a periodic quote under this section for supplies that you intend to receive from a supplier during the period covered by the periodic quote. The period must not exceed 12 months.
 (2) If you make a periodic quote on or before the first day of the period to which the quote relates, you are to be treated as having *quoted your *ABN for all supplies from the supplier during that period, other than supplies in respect of which you have notified the supplier in accordance with subsection (3).
 (3) If you are not entitled to *quote for a particular supply from the supplier during the period, you must notify the supplier of that fact at or before the time of the supply. The notification must be in the *approved form.
 (4) You commit an offence if you contravene subsection (3).
Penalty: 20 penalty units.
Note 1: Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
Note 2: See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.
 (5) Section 9‑25 applies to a *quote that you are treated as having made under subsection (2) of