← Historical versions

Versions of s. 226(6)

E-15 — Excise Tax Act · 2 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2007-06-22 to present available View Source
    WhereFor subsectionthe (3) at any time ceases to apply to a registrant in respectpurposes of athis returnablePart container(other ownedthan bysection 5 of Part V.1 of Schedule V and section 10 of Part VI of that Schedule), if A - B where A is the registrantconsideration at that time andfor the registrantparticular wassupply notas entitled,otherwise because of subsection (4), to claim an input tax credit in respect of the last acquisition of the container by the registrant or in respect of bringing the container into a participating province after it was last acquired,determined for the purposes of this Part,Part; and B is the registranttotal of all amounts each of which is deemedthe toreturnable havecontainer receivedcharge atin that timeprovince for a supply of thereturnable container and to have paid at that time tax in respect of the supply equal to the basic tax content of the container atwhich that time.consideration is paid or payable.
    Full text

    For the purposes of this Part (other than section 5 of Part V.1 of Schedule V and section 10 of Part VI of that Schedule), if A - B where A is the consideration for the particular supply as otherwise determined for the purposes of this Part; and B is the total of all amounts each of which is the returnable container charge in that province for a returnable container in respect of which that consideration is paid or payable.

  2. 2003-01-01 to 2007-06-22 View Source

    Where subsection (3) at any time ceases to apply to a registrant in respect of a returnable container owned by the registrant at that time and the registrant was not entitled, because of subsection (4), to claim an input tax credit in respect of the last acquisition of the container by the registrant or in respect of bringing the container into a participating province after it was last acquired, for the purposes of this Part, the registrant is deemed to have received at that time a supply of the container and to have paid at that time tax in respect of the supply equal to the basic tax content of the container at that time.