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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 38.505

Disabled veterans

  (1)   A supply is GST - free if it is a supply of a * car to an individual who:

  (a)   has served in the Defence Force or in any other armed force of Her Majesty; and

  (b)   as a result of that service:

  (i)   has lost a leg or both arms; or

  (ii)   has had a leg, or both arms, rendered permanently and completely useless; or

  (iii)   is a veteran to whom section   24 of the Veterans' Entitlements Act 1986 applies and receives a pension under Part   II of that Act; or

  (iv)   is receiving a Special Rate Disability Pension under Part   6 of Chapter   4 of the Military Rehabilitation and Compensation Act 2004 , or satisfies the eligibility criteria in section   199 of that Act; and

  (c)   intends to use the car in his or her personal transportation during all of the * Subdivision   38 - P period.

  (2)   However, a supply covered by subsection   (1) is not GST - free to the extent that the * GST inclusive market value of the * car exceeds the * car limit.

  (3)   In working out the * GST inclusive market value of the * car for the purposes of subsection   (2), disregard any value that is attributable to modifications made to the car solely for the purpose of:

  (a)   adapting it for driving by the person; or

  (b)   adapting it for transporting the person.

  (4)   A supply is GST - free if it is a supply of * car parts that are for a * car for an individual to whom paragraphs   (1)(a), (b) and (c) apply.


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