5‑10 Taxable supplies of luxury cars5‑10 Taxable supplies of luxury cars

#### 5‑10 Taxable supplies of luxury cars (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 the indirect tax zone; 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.