T-0.1 - Act respecting the Québec sales tax

Section 633 Disposition versions

1992-07-01

633. Where a person purchased movable property before 1 July 1992 and, at that time, paid tax under Chapter II of the Retail Sales Tax Act (chapter I-1) at the rate of 8% and, after 30 June 1992 and before 1 August 1992, returned the property to the vendor to exchange it for other movable property, the following rules apply:

(1)  where the consideration for the other property is equal to the sale price of the returned property, notwithstanding section 20.9.2 of the Retail Sales Tax Act, the person may not apply for a refund of the tax paid upon purchasing the returned property and tax under section 16 does not apply in respect of the supply of the other property; and

(2)  where the vendor refunds the purchaser for part of the sale price of the returned property, tax under section 16 does not apply in respect of the supply of the other property.

1991, c. 67, s. 633.