Singapore legislation

Regulation 8

of Customs (Motor Vehicles Special Tax) Regulations

Regulation 8

Exemption of special tax as Budget 2019 measure

Amended byS 449/2019 wef 23/06/2019

Subregulation 1

A motor vehicle in Part 2 of the First Schedule is exempt from the special tax in the amount in paragraph (2) for the following tax periods:

(a)

for a motor vehicle that is not a pre-1 April 2019 vehicle —

(i)

the tax period for the motor vehicle in which 18 February 2019 fell; and

(ii)

each subsequent tax period for which the special tax at the rate in Part 2 of the First Schedule was or is (but for this regulation) payable for the motor vehicle;

(b)

for a pre-1 April 2019 vehicle —

(i)

the tax period for the motor vehicle in which 1 April 2019 fell; and

(ii)

each subsequent tax period for which the special tax at the rate in Part 2 of the First Schedule was or is (but for this regulation) payable for the motor vehicle.

Subregulation 2

The amount of the exemption is as follows:

(a)

for a tax period under paragraph (1)(a)(i), the amount of C – B, where each of C and B is pro-rated for the part of the tax period that is from and including 18 February 2019 up to the end of the tax period;

(b)

for a tax period under paragraph (1)(b)(i), the amount of C – B, where each of C and B is pro-rated for the part of the tax period that is from and including 1 April 2019 up to the end of the tax period;

(c)

for a tax period under paragraph (1)(a)(ii) or (b)(ii), the amount of C – B.

Subregulation 3

For the purposes of paragraph (2) —

(a)

B is the amount of the special tax for the motor vehicle for the tax period at the rate applicable to the motor vehicle in Part 3 of the First Schedule (as if the rate applied for the whole of the tax period); and

(b)

C is the amount of the special tax for the motor vehicle for the tax period at the rate applicable to the motor vehicle in Part 2 of the First Schedule.

Read in full context — Customs (Motor Vehicles Special Tax) Regulations →