T-0.1, r. 2 - Regulation respecting the Québec sales tax

Section 17r9 Disposition versions

2012-09-01

17R9. The bringing into Québec of a locomotive or railway equipment that is imported in circumstances where customs duties are partially remitted under the Government of Canada Order in Council (P.C. 1953-18/894, 53-06-04) is a prescribed circumstance.

The value of a locomative or railway equipment referred to in the first paragraph shall be determined by the following formula:

(1/120 x A x B) + (C x B/D).

For the purposes of that formula:

(1)  A is the value for duty of the locomotive or railway equipment;

(2)  B is the number of months during which the locomotive or railway equipment remains in Québec;

(3)  C is the remaining duties payable in respect of the locomotive or railway equipment;

(4)  D is the number of months during which the locomotive or railway equipment remains in Canada.

O.C. 1607-92, s. 17R9; O.C. 1470-2002, s. 1.