Document ID: chunk:federal_register_of_legislation:C2022C00033:section:4:p8
Version: federal_register_of_legislation:C2022C00033
Segment Type: section
Provision Reference: s 4 (pt 8/29)
Character Range: 27635–30199

car tax on importations of luxury cars is not incorporated into net amounts but is generally paid with customs duty.
Note: Division 165 (Anti‑avoidance) of the GST Act will cover avoidance schemes relating to luxury car tax so far as they affect net amounts, because such schemes affect amounts payable under the GST Act.

Subdivision 13‑A—Net amounts and adjustments

13‑5  Net amounts increased by amounts of luxury car tax
  Your *net amount for a *tax period is increased by the sum of all of the amounts of luxury car tax (if any) that are attributable to that tax period, other than amounts on *taxable importations of luxury cars.

13‑10  Adjustments
 (1) If you have any *luxury car tax adjustments that are attributable to a *tax period applying to you, alter your *net amount for the period as follows:
 (a) add to that net amount for the period the sum of all the *increasing luxury car tax adjustments (if any) that are attributable to the period;
 (b) subtract from that net amount the sum of all the *decreasing luxury car tax adjustments (if any) that are attributable to the period.
 (2) A *luxury car tax adjustment must be made within 4 years after the supply or *importation to which the adjustment relates.

13‑15  Attribution rules for taxable supplies of luxury cars and luxury car tax adjustments
 (1) The luxury car tax payable by you on a *taxable supply of a luxury car is attributable to the same *tax period, or tax periods, applying to you as the tax period or tax periods to which:
 (a) if the *supply is a *taxable supply—the taxable supply is attributable; or
 (b) if the supply is not a taxable supply—the supply would be attributable if it were a taxable supply.
Note: For the basic rules on attribution of taxable supplies, see section 29‑5 of the GST Act.
 (1A) The luxury car tax payable by you on a *taxable supply of a luxury car that is supplied by way of lease or hire is entirely attributable to the first *tax period to which the supply of the car is attributable. This subsection has effect despite section 156‑5 of the *GST Act.
Note: Under that section, the luxury car tax could otherwise be payable on a periodic basis.
 (2) A *luxury car tax adjustment that you have is attributable to the same *tax period, or tax periods, applying to you as the tax period or tax periods to which:
 (a) if the luxury car tax adjustment is an *adjustment—the adjustment is attributable; or
 (b) if the luxury car tax adjustment is not an adjustment—the luxury car tax adjustment would be attributable if it were an adjustment.
Note: