T-0.1 - Act respecting the Québec sales tax

Section 402.4 Disposition versions

1999-04-01

402.4. The rebate to which a person is entitled under section 402.3 in respect of tax paid by the person for the supply or bringing into Québec of a road vehicle is equal to the amount determined by the formula

A − B.

For the purposes of this formula,

(1)  A is the tax paid by the person;

(2)  B is the tax that would have been payable by the person if it had been calculated on the estimated value of the vehicle, for the purposes either of section 55.0.1 or of subparagraph a of subparagraph 2.1 or subparagraph b of subparagraph 2.2 of the second paragraph of section 17, reduced by

(a)  the amount by which that value exceeds the value of the vehicle as shown on the written estimate referred to in paragraph 3 of section 402.3, or

(b)  the amount by which the value of the repairs to be made in respect of the vehicle as shown on the written estimate referred to in paragraph 3 of section 402.3 exceeds $500.

1995, c. 1, s. 324; 1995, c. 63, s. 445.

1995-01-30

402.4. The rebate to which a person is entitled under section 402.3 in respect of tax paid by the person for the supply or bringing into Québec of a road vehicle is equal to the amount determined by the formula

                        A - B.

For the purposes of this formula,

(1)  A is the tax paid by the person;

(2)  B is the tax that would have been payable by the person if it had been calculated on the estimated value of the vehicle, for the purposes of section 55.0.1 or of subparagraph a of subparagraph 2.1 of the second paragraph of section 17, reduced by

(a)  the amount by which that value exceeds the value of the vehicle as shown on the written estimate referred to in paragraph 3 of section 402.3, or

(b)  the value of the repairs to be made in respect of the vehicle as shown on the written estimate referred to in paragraph 3 of section 402.3.

1995, c. 1, s. 324.