Hyperlawhypertext legal database Excise Tax Act

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Versions of s. 179(7)

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. 2017-12-15 to present available View Source
    For the purposepurposes of clausethis (3)(c)(ii)(C),section, section 180 and the definition imported taxable supply in section 217, if thea onlynon-resident useperson that is not registered under Subdivision D of railwayDivision rollingV stock aftertransfers physical possession of it is transferred as described in that clause and before it is next exported is for the purpose of transporting tangible personal property orto passengersa inbailee that is a registrant for the coursesole purpose of thatstoring exportationor shipping the property and that exportation occurs within sixty days afterif the daybailee oneither whichis thea transfer takes place,carrier that useis acquiring physical possession of the rollingproperty stockfor the sole purpose of shipping the property or does not claim an input tax credit in respect of the property, the bailee is deemed not to takehave placeacquired entirelyphysical outsidepossession Canada.of the property.
    Full text

    For the purposes of this section, section 180 and the definition imported taxable supply in section 217, if a non-resident person that is not registered under Subdivision D of Division V transfers physical possession of tangible personal property to a bailee that is a registrant for the sole purpose of storing or shipping the property and if the bailee either is a carrier that is acquiring physical possession of the property for the sole purpose of shipping the property or does not claim an input tax credit in respect of the property, the bailee is deemed not to have acquired physical possession of the property.

  2. 2003-01-01 to 2017-12-15 View Source

    For the purpose of clause (3)(c)(ii)(C), if the only use of railway rolling stock after physical possession of it is transferred as described in that clause and before it is next exported is for the purpose of transporting tangible personal property or passengers in the course of that exportation and that exportation occurs within sixty days after the day on which the transfer takes place, that use of the rolling stock is deemed to take place entirely outside Canada.