7‑15 The amount of luxury car tax7‑15 The amount of luxury car tax

#### 7‑15 The amount of luxury car tax (1) The amount of luxury car tax payable on a \*taxable importation of a luxury car is as follows:  where: > luxury car tax value of the \*car is the sum of: (a) the customs value (for the purposes of Division 2 of Part VIII of the Customs Act 1901) of the car and of any \*car parts, accessories or attachments covered by subsection 7‑10(2); and (b) the amount paid or payable: (i) for the \*international transport of the car and any car parts, accessories or attachments covered by subsection 7‑10(2) to their \*place of consignment in the indirect tax zone; and (ii) to insure the car and any car parts, accessories or attachments covered by subsection 7‑10(2) for that transport; to the extent that the amount is not already included under paragraph (a); and (c) any \*customs duty payable in respect of the \*importation of the car and of any car parts, accessories or attachments covered by subsection 7‑10(2); and (d) any \*GST payable in respect of the importation of the car and of any car parts, accessories or attachments covered by subsection 7‑10(2); and (e) if the \*importation of the car is \*GST‑free (to an extent) because of paragraph 13‑10(b) of the \*GST Act in conjunction with Subdivision 38‑P of that Act—an amount equal to the amount of \*GST that was not payable because of paragraph 13‑10(b) and Subdivision 38‑P. > rate is the rate applicable under: (a) the A New Tax System (Luxury Car Tax Imposition—General) Act 1999; or (b) the A New Tax System (Luxury Car Tax Imposition—Customs) Act 1999; or (c) the A New Tax System (Luxury Car Tax Imposition—Excise) Act 1999. (2) The Commissioner may, in writing: (a) determine the way in which the amount paid or payable for a specified kind of transport or insurance is to be worked out for the purposes of paragraph (b) of the definition of luxury car tax value in subsection (1); and (b) in relation to importations of a specified kind or importations to which specified circumstances apply, determine that the amount paid or payable for a specified kind of transport or insurance is taken, for the purposes of that paragraph, to be zero.